RHB Retail Research
Trading Stocks - Media Prima
Media Prima exhibited a positive price action after it bounced off the nearest support level to cross above the 21-day SMA on strong volume. The bulls are eyeing the resistance of MYR0.74, followed by the multi-month high of MYR0.75. A downside breach of MYR0.615 would negate this trading set-up.
Source: RHB Securities Research - 26 Mar 2021
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