RHB Retail Research
Trading Stocks - Padini Holdings
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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