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RHB Retail Research

Author: rhboskres   |   Latest post: Mon, 30 Nov 2020, 5:51 PM

 

Trading Stocks - Muda

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Muda may rise higher after it formed a long white candle and breached above the MYR1.50 mark. This candle has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR1.50 level, with an exit set below the MYR1.42 mark. Towards the upside, the immediate resistance is at the MYR1.62 level, followed by the MYR1.70 threshold.

Source: RHB Securities Research - 20 Feb 2020

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Labels: MUDA

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Chart Stock Name Last Change Volume 
MUDA 2.09 +0.14 (7.18%) 4,851,500 

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