Thursday 28 Mar 2024
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KUALA LUMPUR (March 18): RHB Retail Research said Bermaz Auto Bhd may trend higher after it recently hit its new 52-week high.

In its trading stocks today, the research house said as the stock marked a higher close vis-à-vis the previous sessions since March 12, this indicates a positive sign.

“A bullish bias may emerge above the RM2.31 level, with an exit set below the RM2.10 threshold.

“Towards the upside, the immediate resistance is at RM2.50. This is followed by the RM2.70 level,” it said.

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