Ta Win has been showing signs of prepping a breakout from its 3-week consolidation phase over the past few sessions. A breakout would be confirmed if the stock is able to cross above the MYR0.39 threshold, with the subsequent resistance levels pegged at MYR0.45 and MYR0.50. A downside breach of MYR0.36 would cancel this trade setup.
Source: RHB Securities Research - 11 Mar 2021
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Created by rhboskres | Aug 26, 2024