Saturday 20 Apr 2024
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KUALA LUMPUR (Nov 30): RHB Retail Research said Solution Group Bhd is set for an uptrend reversal as it bounced off from a recent pullback, after breaching above the immediate resistance level of 63.5 sen and printing a long white candlestick.

In a trading stocks note on Tuesday (Nov 30), the research house said if the stock stays above that breakout level, the bulls may head towards the 67.5 sen threshold, followed by the next resistance of 72.5 sen.

“This expectation will be nullified if it falls below the support level of 56 sen,” it said.

 

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