RHB Retail Research
Trading Stocks - Matrix Concepts Holdings
Matrix Concepts Holdings is eyeing a new high as it attempted to hit the historical high of MYR2.20 yesterday. If it breaches that level, a follow-through of bullish momentum is expected to emerge towards uncharted territory at MYR2.30, followed by the MYR2.40 threshold. If it falls below the MYR2.13 support, the momentum may dissipate.
Source: RHB Securities Research - 18 Nov 2021
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