Sunday 13 Oct 2024
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KUALA LUMPUR (Sept 25): RHB Retail Research said Tek Seng Holdings Bhd may soon move higher to test the resistance level of 69.5 sen, and is likely in the process of staging a rebound.

In a trading stocks note today, the research house said if it trades above the resistance level, positive momentum may continue to propel the stock price towards 73 sen and 77 sen.

“This positive expectation would remain valid, provided the 62 sen support does not fail,” it said.

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