RHB Retail Research
Trading Stocks - Niche Capital Emas Holdings
Niche Capital Emas continued to extend its sideways trading range which started from Oct 2020, centred around the 21-day SMA line. A positive bias may appear above the MYR0.23 support, with resistance levels marked at MYR0.255 and MYR0.275. A downside breach of MYR0.23 would nullify this sideways trading range thesis.
Source: RHB Securities Research - 4 Jan 2021
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