RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group marginally crossed above its one-week congestion zone, as it breached the MYR1.36 resistance – which indicates that its rebound may be extended. A positive bias may appear above MYR1.36, with resistance levels pegged at MYR1.42 and MYR1.47. A downside breach of MYR1.33 would negate this positive bias.
Source: RHB Securities Research - 20 Jan 2021
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