KUALA LUMPUR (Nov 26): RHB Retail Research said Naim Holdings Bhd is developing a sideways trading pattern or, in a more bullish case, a bottom-building process above the 77 sen support.
In a trading stocks note today, the research house said a positive bias may emerge above this point, with resistance levels at 83 sen and 84.5 sen.
“This forecast would be negated, should the 77 sen support be breached,” it said.