RHB Retail Research
Trading Stocks - Maxim Global
Maxim Global’s latest positive price performance was done on strong volume. This signalled the completion of its 1.5-week sideways trading pattern, which took place above the MYR0.295 support level. A positive bias may appear above MYR0.31, with resistance levels pegged at MYR0.355 and MYR0.40. A downside breach of MYR0.31 would cancel this positive bias.
Source: RHB Securities Research - 1 Dec 2020
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