MMS Ventures is set to extend the recent bullish momentum as it breached the immediate resistance on stronger volume. If the stock stays above the MYR0.71 immediate resistance turned-support, the bullish momentum may then propel it towards the next hurdle of MYR0.74, followed by MYR0.80. Meanwhile, falling below the MYR0.68 support level would cancel this expectation.
Source: RHB Securities Research - 22 Jun 2021
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Created by rhboskres | Aug 26, 2024