RHB Retail Research
Trading Stocks - Solution Group
Solution Group is resuming its positive momentum after it breached the immediate resistance on strong volume yesterday. Coupled with a “higher low” price pattern formed lately, the bullish bias may be sustained above the MYR1.25 immediate support level. The renewed momentum may propel the stock towards the next resistance of MYR1.42, then MYR1.50. If it falls below the MYR1.16 support, the price may move in another direction.
Source: RHB Securities Research - 1 Jun 2021
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