RHB Retail Research
Trading Stocks - SDS
SDS has been consolidating over recent sessions slightly above the 21-day SMA line. Towards the upside, a breach of MYR0.245 would likely mark an end to this consolidation phase, with the next resistance points expected at MYR0.27 and MYR0.30. This bias would void if the MYR0.235 support fails.
Source: RHB Securities Research - 29 Jan 2021
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