PWF Corporation is set for an uptrend rebound, as it climbed strongly to break above the MYR0.80 threshold yesterday to close at a record high. The strong bullish momentum above that level may persist, and may lead the stock towards the MYR0.90 level, followed by the MYR1 mark. Meanwhile, falling below the MYR0.75 support would see the direction shift downwards.
Source: RHB Securities Research - 11 Jan 2024
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