Thursday 28 Mar 2024
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KUALA LUMPUR (Feb 22): RHB Retail Research said Wah Seong Corporation Bhd may trend higher after it formed a white candle and breached above the MYR1.47 threshold.

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

“A bullish bias may emerge above the RM1.47 level, with an exit set below the RM1.35 threshold.

“Towards the upside, the immediate resistance point is at RM1.66. This is followed by the RM1.83 level,” it said.

 

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