Euro Holdings is attempting to reverse its trend, as it bounced off strongly after retreating from the recent high. If it manages to break above the immediate resistance of MYR0.62, the bullish momentum may propel the stock towards the MYR0.765 level, followed by the next resistance at MYR0.84. However, a fall below the MYR0.515 support may see the stock falling further – below the 21-day average line.
Source: RHB Securities Research - 22 Oct 2021
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Created by rhboskres | Aug 26, 2024