RHB Retail Research
Trading Stocks - Orion IXL
Orion IXL completed its bottom-building process in October, and has been developing a rebound phase. This rebound could be extended further, if the share price breaches above the MYR0.10 resistance level. The subsequent resistance points are at MYR0.12 and MYR0.135. A downside breach of MYR0.09 would cancel this positive case.
Source: RHB Securities Research - 7 Dec 2020
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