RHB Retail Research
Trading Stocks - Revenue Group
Revenue Group is eyeing to cross above the MYR1.60 immediate resistance. The stock has rebounded from being oversold lately, and is in the midst of a consolidation. If it breaks past the immediate resistance, the bullish momentum will be revived. The stock may climb towards MYR1.68, followed by MYR1.80. Conversely, falling below the MYR1.51 support would negate the expectation.
Source: RHB Securities Research - 25 Nov 2021
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