Central Global is staging for a bullish reversal as it bounced off its strong support level yesterday. If it crosses above the MYR2.10 immediate support, a bullish bias may emerge. The positive momentum may propel it towards the next resistance of MYR2.30, and subsequently, MYR2.50. Meanwhile, if the stock falls below the MYR1.73 support level, the trend may turn bearish.
Source: RHB Securities Research - 25 Jun 2021
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Created by rhboskres | Aug 26, 2024