RHB Retail Research

Trading Stocks - Dayang Enterprise

rhboskres
Publish date: Tue, 15 Dec 2020, 04:22 PM
rhboskres
0 9,021
RHB Retail Research

Dayang Enterprise rebounded on high volume, and attempted to break out from the resistance. The stock has been trending higher on the back of increasing trading volume. It underwent a minor pullback lately. A breakout from the immediate resistance of MYR1.28 will see the momentum pushing the stock towards the next resistance level of MYR1.33, followed by MYR1.38. Meanwhile, a downward breach of the MYR1.15 support would negate this expectation.

Source: RHB Securities Research - 15 Dec 2020

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment