RHB Retail Research
Trading Stocks - Tri-Mode System
Tri-Mode System is in the process of rallying higher, as it bounced off the 21-day average line towards the immediate resistance MYR0.755. If it manages to move past that level, bullish momentum may propel the stock towards the nearest resistance of MYR0.80, before reaching the all-time high of MYR0.835. However, falling below the MYR0.705 support – below the 21-day average line – may reverse the momentum.
Source: RHB Securities Research - 13 Oct 2021
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