RHB Retail Research
Trading Stocks - Destini
Destini is resuming its uptrend after it continued to move higher above the MYR0.28 resistance-turned-support level on high volume – firming up its “higher high” bullish pattern. If the bullish momentum remains above that level, expect the stock to jump higher towards MYR0.315, followed by the MYR0.35 multimonth high. Meanwhile, the stock may move downwards if it falls below the MYR0.255 support – below the 21-day average line.
Source: RHB Securities Research - 30 Sept 2021
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