RHB Retail Research
Trading Stocks - Latitude Tree
Latitude Tree touched the immediate resistance of MYR4.23 with high trading volume. The stock has been moving north since crossing the 21-day SMA line. If it breaks above the resistance, we believe the momentum will drive it towards the next hurdle of MYR4.40, followed by MYR4.60. A downside breach of the MYR3.93 support would negate this expectation, and lead to a stock price correction.
Source: RHB Securities Research - 5 Feb 2021
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
