Ramssol Group is attempting to rebound higher as it hit the consolidation level of MYR0.795 on high volume – above the 21-day average line. If it manages to surpass that level, the bulls may climb towards the MYR0.85 immediate resistance, followed by MYR0.875. However, falling below the MYR0.75 support – below the 21-day average line – may see the stock descending further.
Source: RHB Securities Research - 13 Dec 2021
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Created by rhboskres | Aug 26, 2024