RHB Retail Research
Trading Stocks - Bursa Malaysia
Bursa Malaysia, which rose above the resistance level of MYR9.00, is poised to maintain the uptrend. With the increasing trading volume lately, we think the bullish momentum is gaining traction and may drive the stock towards next resistance level at MYR9.50, followed by MYR9.90. This positive expectation should remain valid, provided it does not breach the MYR8.66 support.
Source: RHB Securities Research - 25 Feb 2021
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