Bermaz Auto is poised for a technical breakout as it bounced off the 21-day SMA line and headed towards the MYR2.55 immediate resistance. If a breakout above that level happens, the bullish bias may see the stock climb towards the MYR2.75 immediate resistance, followed by the MYR3 mark. However, a fall below the MYR2.36 support would potentially signal a downtrend.
Source: RHB Securities Research - 14 Feb 2024
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BAUTOCreated by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024