Media Prima is attempting to break away from its minor congestion area, capped by the MYR0.285 resistance in the latest session. Should it cross above this threshold, it will likely to see the stock move to the next resistance levels of MYR0.30 and MYR0.315. This bias will be cancelled if MYR0.275 support fails to hold.
Source: RHB Securities Research - 18 Jan 2021
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Created by rhboskres | Aug 26, 2024