Lagenda Properties is set to continue its uptrend as it broke above the immediate resistance of MYR1.34 on strong volume yesterday. With a “higher high” bullish formation, the stock may climb towards the next hurdle of MYR1.45, followed by MYR1.55. If it falls below the MYR1.28 support, this anticipation would be invalidated.
Source: RHB Securities Research - 14 Jul 2021
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Created by rhboskres | Aug 26, 2024