Fitters Diversified broke past the immediate resistance on strong trading volume yesterday. The bullish momentum that accelerated above the resistance-turned-support level of MYR0.375 may lift the stock towards its recent high of MYR0.44, followed by MYR0.48. If the stock drops below the MYR0.35 support, this expectation would be voided.
Source: RHB Securities Research - 13 Aug 2021
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Created by rhboskres | Aug 26, 2024