Salcon has been consolidating around the multi-week sideways trading range’s upper boundary, over the past few sessions. A breakout from this trading range would be confirmed by an upside breach of MYR0.275, with resistance points marked at MYR0.29 and MYR0.30. A downside breach of MYR0.26 would negate this bias.
Source: RHB Securities Research - 16 Mar 2021
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Created by rhboskres | Aug 26, 2024