Serba Dinamik may rise higher, says RHB Retail Research
22 Aug 2019, 08:33 am
KUALA LUMPUR (Aug 22): RHB Retail Research said Serba Dinamik Holdings Bhd may rise higher after hitting its new 52-week high.
In a trading stocks note today, the research house said this upward momentum is likely to continue, given that it has posted a second consecutive white candle.
“A positive bias may emerge above the RM4.30 level, with an exit set below the RM4.08 threshold.
“Towards the upside, the immediate resistance is at the RM4.60 level. This is followed by the RM4.80 level,” it said.
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