RHB Retail Research
Trading Stocks - I-Stone
I-Stone tested the 21-day SMA line for the second consecutive session, and reacted positively to this line on strong volume – indicating the stock may be resuming its upward move. A positive bias is expected to emerge above MYR0.215, with resistance levels pegged at MYR0.245 and MYR0.255. This forecast would be void if the MYR0.215 support is breached.
Source: RHB Securities Research - 25 Jan 2021
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