Yenher Holdings is expected to move higher as it broke away from the consolidation phase of MYR0.935 yesterday. If it stays above that level, the bulls may test its recent high at the MYR0.97 level, followed by the MYR1.00 historical high. However, falling below the MYR0.92 support may signal a downtrend – below the 21-day SMA line.
Source: RHB Securities Research - 10 Sept 2021
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Created by rhboskres | Aug 26, 2024