RHB Retail Research
Trading Stocks - Dagang Nexchange
Dagang Nexchange is set to enter uncharted territory as it moved past the immediate resistance of MYR1.04 – printing a “White Marubozu” candlestick, on strong volume. If it stays above that level, the bulls may continue to print another new high of MYR1.10, followed by MYR1.20. However, the momentum may lose steam if it falls below the MYR1.00 psychological support – below the previous breakout level.
Source: RHB Securities Research - 11 Feb 2022
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