Ramssol Group is set to resume its uptrend as it inched higher yesterday, breaching above the MYR0.47 immediate resistance. If the breakout sustains, the stock will trend higher towards MYR0.54 – the 52-week high – and be followed by the MYR0.60 mark. On the flip side, falling below the MYR0.43 support negates the bullish setup.
Source: RHB Securities Research - 9 May 2024
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