RHB Retail Research

Trading Stocks - Padini Holdings

rhboskres
Publish date: Thu, 14 Oct 2021, 08:31 AM
rhboskres
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RHB Retail Research

Padini Holdings is set to bounce higher as it moved past the immediate resistance of MYR3.13 on improved volume yesterday. Bullish momentum above that level is expected to follow through, to propel the stock towards the MYR3.37 resistance, followed by MYR3.50. Meanwhile, if it falls beneath the MYR3.05 support, the momentum may dissipate.

Source: RHB Securities Research - 14 Oct 2021

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