RHB Retail Research
Trading Stocks - FGV Holdings
FGV Holdings is set to continue its rebound as it managed to breach above the immediate resistance. The upward movement will be extended if it stays above the resistance turned-support level of MYR1.44. Towards the upside, the next resistance level is at MYR1.48, followed by MYR1.58. However, this expectation would be cancelled if it falls below the MYR1.40 support.
Source: RHB Securities Research - 10 May 2021
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