RHB Retail Research
Trading Stocks - MI Technovation
MI Technovation is poised to extend its upward movement, as it tested the immediate resistance on high volume yesterday. If it crosses above the MYR3.62 threshold, a bullish bias may emerge. The next resistance is set at MYR3.90, followed by MYR4.00. Meanwhile, falling below the MYR3.34 support may reverse the counter’s direction.
Source: RHB Securities Research - 14 Jul 2021
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