RHB Retail Research

Trading Stocks - MR DIY

rhboskres
Publish date: Mon, 21 Dec 2020, 08:45 AM
rhboskres
0 9,020
RHB Retail Research

MR DIY crossed the resistance level on higher trading volume. A bullish bias emerged above the resistance level of MYR3.10. Underpinning strong momentum, we expect the share price to move upwards and test the next resistance level of MYR3.40, followed by MYR3.60. This positive expectation should remain valid, provided the MYR2.90 support is not breached.

Source: RHB Securities Research - 21 Dec 2020

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