My E.G. Services is poised to move higher after attempting to breach the immediate resistance of MYR1.97 with increased trading volume. If a breakout happens, the bullish momentum may follow through towards the nearest resistance of MYR2.09, followed by MYR2.24. However, if it falls below the MYR1.89 support level, this expectation will be cancelled.
Source: RHB Securities Research - 7 Sept 2021
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Created by rhboskres | Aug 26, 2024