Thursday 25 Apr 2024
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KUALA LUMPUR (July 5): RHB Retail Research said Insas Bhd may trend higher after it formed another white candle and breached above the RM1.10 threshold.

In a trading stocks note today, the research house said yesterday’s close sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“A bullish bias may emerge above the RM1.10 level, with an exit set below the RM1.03 threshold.

“Towards the upside, the immediate resistance level is anticipated at the RM1.23 level. This is followed by the RM1.34 level,” it said.

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