Friday 26 Apr 2024
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KUALA LUMPUR (Oct 1): RHB Retail Research said Able Global Bhd is eyeing the all-time high after it broke past the consolidation phase of RM1.75 on surging trading volume – printing a long white candlestick.

In a trading stocks note on Friday, the research house said strong buying interest above that level is expected to persist until it reaches the RM1.94 resistance, before marking the historical high of RM2.04.

“Conversely, falling below the RM1.64 support will cancel this expectation,” it said.

 

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