RHB Retail Research
Trading Stocks - Adventa
Adventa is set to move higher after it bounced off from the recent pullback on high volume. The positive momentum is expected to stay above the MYR1.03 resistance-turnedsupport level, which should take the share price towards the next resistance levels of MYR1.16, then MYR1.25. Inversely, if the support level of MYR0.99 is breached – forming a “lower low”, this expectation would be reversed.
Source: RHB Securities Research - 22 Apr 2021
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