Unitrade Industries is set to climb higher after demonstrating a breakout on Wednesday, surpassing the MYR0.295 immediate resistance level. If the breakout sustains, the stock may climb higher towards the MYR0.32 all-time high, before potentially hitting the MYR0.40 mark. On the contrary, a breach below the MYR0.27 support increases the risk of a downtrend reversal, as it falls beneath the 21-day SMA line.
Source: RHB Securities Research - 29 Mar 2024
Chart | Stock Name | Last | Change | Volume |
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Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024
Created by rhbinvest | Dec 20, 2024