DKSH Holdings is set to resume its uptrend as it bounced off the 21-day average line to breach the immediate resistance of MYR4.78 – printing a 52-week high. The buying pressure above that level is expected to propel the stock towards the next resistance point of MYR5.35, followed by the MYR6.00 threshold. However, this expectation will be cancelled if it falls below the support of MYR3.82.
Source: RHB Securities Research - 28 Sept 2021
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Created by rhboskres | Aug 26, 2024