RHB Retail Research

Trading Stocks - Fitters Diversified

rhboskres
Publish date: Wed, 10 Nov 2021, 07:05 PM
rhboskres
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RHB Retail Research

Fitters Diversified is resuming its uptrend, as it breached the recent high of MYR0.465 on improved volume – forming a “higher high” bullish pattern. If it stays above that level, the bulls may propel the stock towards the immediate resistance of MYR0.50, followed by MYR0.525. This expectation will be nullified if it falls below the support level of MYR0.425 – forming a “lower low” bearish pattern.

Source: RHB Securities Research - 9 Nov 2021

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