RHB Retail Research
Trading Stocks - Impiana Hotels
Impiana Hotels has been trading in a sideways pattern over the past 12 months. Recent price actions indicate that this sideways range may be ready to be extended towards the upside. A positive bias should appear above MYR0.10 and MYR0.12. A downside breach of MYR0.08 would nullify this expectation.
Source: RHB Securities Research - 19 Mar 2021
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