RHB Retail Research

Trading Stocks - Chin Hin Group

Publish date: Mon, 06 Dec 2021, 08:33 AM
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RHB Retail Research

Chin Hin Group is starting to rebound upwards following a recent pullback, as it bounced off above the immediate resistance of MYR1.86, surpassing the 21-day average line last Thursday. If it remains above that level, the bulls may propel the stock towards the MYR2.10 threshold, followed by the next resistance of MYR2.24. This expectation will be nullified if it falls below the support level of MYR1.76.

Source: RHB Securities Research - 6 Dec 2021

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