Only World Group is resuming its uptrend after it breached the immediate resistance. If it sustains above the MYR0.46 resistance-turn-support level, the positive momentum may propel it towards the next resistance of MYR0.495, and subsequently, the multi-month high of MYR0.55. Conversely, if the stock falls below the MYR0.435 support level, the trend may be reversed.
Source: RHB Securities Research - 23 Jun 2021
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Created by rhboskres | Aug 26, 2024