Naim Holdings is developing a sideways trading pattern or, in a more bullish case, a bottom-building process above the MYR0.77 support. A positive bias may emerge above this point, with resistance levels at MYR0.83 and MYR0.845. This forecast would be negated, should the MYR0.77 support be breached.
Source: RHB Securities Research - 1 Dec 2020
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