Dayang Enterprise surged past the immediate resistance, on the back of high trading volume. Strong buying interest emerged yesterday, lifting the stock above the MYR0.815 threshold.Bullish momentum may continue to propel the stock towards the next resistance at MYR0.89, followed by MYR0.94. However, the positive expectation may be negated if it falls below the MYR0.765 support level.
Source: RHB Securities Research - 4 Jan 2022
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Created by rhboskres | Aug 26, 2024