QL Resources underwent a strong technical rebound, and may break past the immediate resistance of MYR5.00. If the breakout happens, expect the momentum to propel the stock towards the next resistance of MYR5.25, followed by MYR5.75. In the event it falls below the support of MYR4.67, the stock may resume its downtrend.
Source: RHB Securities Research - 10 Feb 2022
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QLCreated by rhboskres | Aug 26, 2024