RHB Retail Research
Trading Stocks - Excel Force MSC
Excel Force MSC is eyeing a breakout after trading volume surged recently. If the stock manages to cross the immediate resistance level of MYR0.67, the bullish bias may emerge to lift the stock higher. The next resistance levels are at MYR0.705 and MYR0.745. If the stock drops below the MYR0.62 support level, the anticipated positive momentum would be invalid.
Source: RHB Securities Research - 20 May 2021
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