Solarvest Holdings has renewed its bullish momentum to move northwards after bouncing off from the recent pullback and breaching the immediate resistance of MYR1.40 on surging trading volume. If the breakout is maintained, strong buying interest may propel the stock towards the immediate resistance levels of MYR1.48, and then MYR1.57. Conversely, a fall below the MYR1.33 support level will nullify this expectation.
Source: RHB Securities Research - 21 Oct 2021
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Created by rhboskres | Aug 26, 2024