RHB Investment Research Reports

Trading Stocks - Synergy House

rhbinvest
Publish date: Mon, 26 Feb 2024, 10:02 AM
rhbinvest
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Synergy House is in the midst of consolidating and may be resuming its uptrend. The counter has been moving sideways below the MYR0.855 resistance. The 21-day SMA line is moving upwards, indicating that the short-term trend remains bullish. In the event, the counter breaks past the immediate resistance, it will climb towards MYR0.90, then MYR0.95. Conversely, breaching below the MYR0.80 support will kick off a downtrend.

Source: RHB Securities Research - 26 Feb 2024

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