MMS Ventures is expected to resume its uptrend as it managed to sustain above the recent breakout level of MYR1.01 on strong momentum recently. If it manages to maintain above that level, the positive momentum may lift the stock towards the next hurdle at MYR1.14, followed by MYR1.30. However, if the stock falls below the MYR0.925 support, this momentum may reverse.
Source: RHB Securities Research - 5 Aug 2021
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Created by rhboskres | Aug 26, 2024