RHB Retail Research
Trading Stocks - Power Root
Power Root is showing early signs of developing a price reversal following its multi-month retracement. A positive bias is expected to appear above MYR1.70, with resistance levels set at MYR1.90 and MYR2.00. A downside breach of MYR1.70 would nullify this expectation.
Source: RHB Securities Research - 16 Mar 2021
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