Saturday 20 Apr 2024
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KUALA LUMPUR (June 3): RHB Retail Research said DiGi.Com Bhd may end its sideways consolidation as it attempted to break above its immediate resistance yesterday – forming a “higher low” structure.

In a trading stocks note today, the research house said coupled with improved volume while inching above the 21-day SMA line, the bullish bias may emerge if the stock manages to cross above the RM4.32 immediate resistance level.

“The next resistance is eyed at RM4.46, followed by RM4.60.

“If it falls below the RM4.19 support, the stock may move downwards,” it said.

 

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