SDS Group is poised to extend its technical rebound, testing the immediate resistance with a higher trading volume. As buying interest gains traction, a bullish bias may emerge above the breakout level of MYR0.39. If the breakout happens, the stock will climb towards the next resistance pegged at MYR0.42 and followed by MYR0.45. Meanwhile, falling below the MYR0.35 support will see the stock resume its downward movement.
Source: RHB Securities Research - 22 Jul 2021
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Created by rhboskres | Aug 26, 2024