RHB Retail Research
Trading Stocks - Salutica
Salutica’s latest three sessions indicate that it is attempting to reach the end of its consolidation phase. Towards the upside, if the stock breaches above MYR0.635, this could lead to it venturing towards the next resistance levels of MYR0.675 and MYR0.70. A downside breach of MYR0.59 would cancel this price expectation.
Source: RHB Securities Research - 25 Jan 2021
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