Autocount Dotcom is set for a technical breakout after bouncing off the 21-day SMA line strongly to breach above the MYR0.70 mark with strong volume yesterday. Riding on the latest “higher high” bullish structure, the counter should climb towards the MYR0.75 resistance, followed by the MYR0.80 mark. Meanwhile, falling below the MYR0.66 immediate support will nullify the bullish setup.
Source: RHB Securities Research - 8 Mar 2024
Chart | Stock Name | Last | Change | Volume |
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Created by rhbinvest | Nov 14, 2024
Created by rhbinvest | Nov 14, 2024