Solarvest Holdings is set to move higher as it crossed the immediate resistance of MYR1.32 on stronger volume recently. If it manages to stay above that level, the bullish momentum may lift the stock towards the immediate resistance of MYR1.48, followed by MYR1.56. Meanwhile, if it falls below the MYR1.24 support level – way below the 21-day SMA line – this expectation will be reversed.
Source: RHB Securities Research - 26 Aug 2021
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Created by rhboskres | Aug 26, 2024