Tashin Holdings is staging a reversal as it managed to bounce above the immediate support yesterday – forming a higher low price pattern. The bullish bias that emerged above the MYR0.625 (immediate support) level is expected to lift the stock towards the next resistance of MYR0.665, followed by the next hurdle of MYR0.80. This expectation will be invalid if it falls below the MYR0.60 support level.
Source: RHB Securities Research - 18 Jun 2021
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Created by rhboskres | Aug 26, 2024