Kronologi Asia is developing a minor consolidation below the MTR0.75 resistance, following its previous two sessions’ sharp rebound off the 21-day SMA line. An upside breach of MYR0.75 could see the stock travelling towards the next resistance levels of MYR0.775 and MYR0.795. A downside breach of MYR0.73 would negate this positive price forecast.
Source: RHB Securities Research - 14 Jan 2021
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Created by rhboskres | Aug 26, 2024