Saturday 13 Apr 2024
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KUALA LUMPUR (Jan 30): RHB Retail Research said ITMAX System Bhd is attempting to stage a bullish breakout, while grazing the immediate resistance of RM1.90 on high volume.

In a trading stocks note on Tuesday, the research house said that if it climbs above the immediate resistance, a bullish bias should emerge.

“In this case, the momentum would propel the counter towards the RM2 threshold, followed by RM2.20.

“Conversely, falling below the RM1.72 support would trigger a downward movement,” it said.

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