RHB Retail Research

Trading Stocks - Mestron Holdings

Publish date: Thu, 06 Jan 2022, 04:46 PM
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RHB Retail Research

Mestron Holdings is poised to resume its uptrend as it hit the immediate resistance of MYR0.35 on strong volume yesterday – following several attempts which tested that level recently. If buying pressure emerges above that level, the stock may travel towards the next resistance of MYR0.375, followed by MYR0.385. However, the momentum may wane if it falls below the MYR0.335 support.

Source: RHB Securities Research - 5 Jan 2022

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