RHB Retail Research
Trading Stocks - SDS Group
SDS Group attempted to move above its 1-month high yesterday with strong volume, after breaching its previous resistance. The positive momentum is likely to continue as long as it remains above the resistance-turned-support level of MYR0.30. The next resistance levels are marked at MYR0.315 and MYR0.335. A breakdown below the MYR0.28 support would negate this expectation.
Source: RHB Securities Research - 23 Mar 2021
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