RHB Retail Research
Trading Stocks - Freight Management Holdings
Freight Management Holdings is poised to undergo a technical rebound after it found footing near the immediate support level. The bulls may return if it manages to break above the MYR1.73 immediate resistance level. If that happens, the bulls may test the next resistance of MYR1.84, followed by the MYR1.96 level. This positive expectation may dissipate, if it breaches below the MYR1.63 threshold.
Source: RHB Securities Research - 7 May 2021
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