RHB Retail Research
Trading Stocks - Fitters Diversified
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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