RHB Retail Research
Trading Stocks - DPI Holdings
DPI Holdings has entered uncharted territory after it broke above the immediate resistance of MYR0.455 on high trading volume – forming a long white candlestick. If it manages to stay above that level, the bullish momentum may lift the stock towards the immediate resistance of MYR0.55, followed by MYR0.60. However, if it falls below the MYR0.42 support level – below the 21-day SMA line – this expectation will be nullified.
Source: RHB Securities Research - 1 Sept 2021
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