RHB Retail Research
Trading Stocks - Solution
Solution jumped above the resistance level marked at MYR1.45. The stock is on track in its uptrend, forming a higher low followed by higher high. If the bullish sentiment remains intact, the price could rise towards MYR1.64 and MYR1.76. Meanwhile, a downward breach of the MYR1.30 support will negate this expectation.
Source: RHB Securities Research - 5 Feb 2021
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