RHB Retail Research
Trading Stocks - MMS Ventures
MMS Ventures is in the process of rebounding further, as it bounced towards the consolidation phase of MYR1.08 yesterday – printing a “White Marubozu” candlestick. If it pushes past that level, buying pressure should continue to propel the stock towards the resistance of MYR1.14, followed by MYR1.23. If it falls below the MYR1.04 support, the momentum may be reversed – beneath the 21-day average line.
Source: RHB Securities Research - 29 Dec 2021
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