RHB Retail Research

Trading Stocks - Mynews Holdings

rhboskres
Publish date: Fri, 30 Jul 2021, 05:10 PM
rhboskres
0 9,020
RHB Retail Research

Mynews Holdings is poised to break above the immediate resistance after it rose to an area above the 21-day SMA line yesterday. If it manages to cross over the immediate resistance of MYR0.885 – forming a “higher high” pattern – the bullish momentum may propel the stock towards the next resistance of MYR0.915, followed by MYR0.98. Meanwhile, breaking below the MYR0.845 support will invalidate this expectation.

Source: RHB Securities Research - 30 Jul 2021

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment