RHB Retail Research
Trading Stocks - BSL Corporation
BSL Corporation is set to mark its uncharted territory level as it broke past the immediate resistance of MYR2.63 on strong trading volume. If it manages to stay above that level, the bullish momentum may lead to another new high at MYR3.00, before possibly hitting the MYR3.20 threshold. However, falling below the MYR2.31 support may see the stock descending further to mark a “lower low” bearish pattern.
Source: RHB Securities Research - 2 Nov 2021
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