RHB Retail Research

Trading Stocks - Nylex

rhboskres
Publish date: Fri, 22 Oct 2021, 05:38 PM
rhboskres
0 9,020
RHB Retail Research

Nylex printed a 52-week high as it breached the immediate resistance of MYR1.26 on surging trading volume – establishing a “higher high” bullish pattern. If the breakout persists, the strong buying interest may propel the stock towards the immediate resistance levels of MYR1.40 and MYR1.50. Conversely, a fall below the MYR1.16 support level will nullify this expectation.

Source: RHB Securities Research - 22 Oct 2021

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment