RHB Retail Research
Trading Stocks - Lagenda Properties
Lagenda Properties attempted to break its immediate resistance to resume its uptrend. A bullish bias may appear above the immediate resistance of MYR1.68. If a breakout happens, the positive momentum may propel it towards the next resistance level pegged at MYR1.80, followed by MYR1.90. A downside breach of the MYR1.59 support level would nullify this expectation and see further share price correction.
Source: RHB Securities Research - 8 Apr 2021
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