RHB Retail Research
Trading Stocks - Able Global
Able Global is eyeing the all-time high after it broke past the consolidation phase of MYR1.75 on surging trading volume – printing a long white candlestick. Strong buying interest above that level is expected to persist until it reaches the MYR1.94 resistance, before marking the historical high of MYR2.04. Conversely, falling below the MYR1.64 support will cancel this expectation.
Source: RHB Securities Research - 1 Oct 2021
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