RHB Retail Research

Trading Stocks - Fitters Diversified

rhboskres
Publish date: Fri, 24 Sep 2021, 04:38 PM
rhboskres
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RHB Retail Research

Fitters Diversified is firming up its uptrend reversal after it surpassed the consolidation phase of MYR0.40 on surging volume, thereby printing a “higher high” bullish structure. If the breakout is sustained, the bullish momentum may drive it towards the MYR0.44 – its 52-week high, before hitting the multi-month high of MYR0.515. Meanwhile, the stock may move southwards if it falls below the MYR0.355 support.

Source: RHB Securities Research - 24 Sept 2021

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