Sunday 14 Jul 2024
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KUALA LUMPUR (Aug 14): RHB Retail Research said Muda Holdings Bhd may rebound further after it tested the RM1.73 support in recent trading sessions.

In a trading stocks note today, the research house said as the stock marked a higher close vis-à-vis the previous sessions since Aug 9, this indicates a positive sign.

“A bullish bias may appear above the RM1.95 level, with an exit set below the RM1.73 threshold.

“To the upside, the near-term resistance is at RM2.22. This is followed by the RM2.40 level,” it said.

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