Sunday 23 Mar 2025
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KUALA LUMPUR (Jan 23): RHB Retail Research said Wellcall Holdings Bhd is eyeing for a technical breakout after bouncing off the 21-day simple moving average (SMA) line, heading towards the RM1.75 immediate resistance on Monday.

In a trading stocks note on Tuesday, the research house said that if a breakout above that level happens, indicating a “higher high” bullish structure, the stock may surge towards RM1.90, followed by the RM2 mark.

“On the other hand, falling below the RM1.63 support will kick off the correction phase,” it said.

 

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