Mah Sing Group is trending north again, as it rebounded from the recent pullback by breaching the MYR0.815 threshold yesterday on increased volume. If it manages to stay above that level, strong buying interest may drive the stock towards the MYR0.90 level before it reaches the next resistance of MYR0.95. Conversely, falling below the MYR0.765 support level will cancel this expectation.
Source: RHB Securities Research - 29 Oct 2021
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Created by rhboskres | Aug 26, 2024