Spritzer is set to propel higher as it surged towards breaching the MYR1.68 immediate resistance level, with strong trading volume. The positive momentum above that level may persist, propelling the stock towards the MYR1.80 resistance, followed by the next resistance at the MYR2 mark. Towards the downside, dropping below the MYR1.57 support would reverse the trend further.
Source: RHB Securities Research - 28 Nov 2023
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