SYNERGY House Bhd (SYNERGY, 0279)

• SYNERGY may extend its upward trajectory following its breakout from a 2-month consolidation rectangle pattern a few sessions ago. With the stock bouncing off the EMAs and a bullish crossover emerging, there is potential for continuous upside in the near term.

• We anticipate the rising momentum to steer the stock higher and test the next resistance at RM1.35 (R1) followed by RM1.45 (R2) in the near term.

• On the downside, stop-loss is set at RM1.09

Source: Rakuten Research - 8 Nov 2024

To sign up for an account : http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity:http://bit.ly/3I5Jzxo