RHB Retail Research
Trading Stocks - Sedania Innovator
Sedania Innovator is poised to climb upwards further, as it bounced off from the recent pullback on strong volume when it attempted to reach the immediate resistance of MYR0.745. If it surpasses that level, buying interest may follow through towards the MYR0.84 resistance, followed by the MYR0.955 threshold. If it falls below the MYR0.645 support, the momentum may dissipate.
Source: RHB Securities Research - 16 Nov 2021
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