Solution Group set for a technical rebound, says RHB Retail Research
28 Dec 2022, 07:53 am
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KUALA LUMPUR (Dec 28): RHB Retail Research said Solution Group Bhd is set for a technical rebound, as it bounced off the 21-day average line and pushed past the 32.5 sen resistance yesterday on stronger trading volume.

In a trading stocks note today, the research house said the bullish bias above that level may bring the stock higher towards the 35.5 sen Dec high, then the next resistance point of 38 sen – the highest level recorded since Nov 7.

“However, the counter may move downwards if it drops below the 28.5 sen support, forming a “lower low” bearish pattern below the average line,” it said.

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