RHB Retail Research
Trading Stocks - Lagenda Properties
Lagenda Properties broke past the resistance level marked at MYR1.58. The stock has resumed an uptrend movement by forming higher highs and higher lows. We believe the bullish momentum is gaining traction and it may test the next resistance level at MYR1.68, followed by MYR1.79. This positive expectation should remain valid, provided the MYR1.45 support does not breached.
Source: RHB Securities Research - 4 Feb 2021
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