RHB Retail Research
Trading Stocks - Chin Hin Group
Chin Hin Group is eyeing to test the recent high it recorded, as it hit the immediate resistance of MYR1.35 on surging trading volume – crossing above the 21-day SMA line. If it manages to breach that level, the bullish momentum may accelerate towards the next resistance of MYR1.43, followed by MYR1.50. In the event it falls below the MYR1.28 support, this expectation would be cancelled.
Source: RHB Securities Research - 1 Sept 2021
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