RHB Retail Research
Trading Stocks - NWP Holdings
NWP Holdings is poised to continue the uptrend as it attempted to move past the recent high of MYR0.27 on high volume. If it manages to surpass that level, expect the bullish momentum to advance the stock towards the MYR0.29 resistance, followed by MYR0.31 – the 52-week high resistance. Conversely, falling below the MYR0.24 support will cancel this expectation.
Source: RHB Securities Research - 30 Sept 2021
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