RHB Retail Research
Trading Stocks - TFP Solutions
TFP Solutions rose on higher trading volume, testing the immediate resistance level marked at MYR0.18. A breakout above the resistance will see the resumption of an uptrend. If this happens, expect the bullish momentum to lift it towards next resistance level pegged at MYR0.20 followed by MYR0.22. A downside breach of the MYR0.15 support level would nullify this expectation and see further share price correction.
Source: RHB Securities Research - 16 Dec 2020
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