RHB Retail Research
Trading Stocks - Insas
Insas jumped with higher trading volume, breaking past the immediate resistance marked at MYR0.96. With the surging trading volume, we think the bullish momentum will drive the stock towards next hurdle at MYR1.03, followed by MYR1.09. A downside breach of the MYR0.90 support would negate this expectation, and shall see a stock price correction.
Source: RHB Securities Research - 26 Feb 2021
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