Friday 15 Nov 2024
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KUALA LUMPUR (Feb 20): RHB Retail Research said Samaiden Group Bhd’s price is set for an uptrend after recently experiencing a technical breakout above the RM1.22 level with strong trading volume.

In a trading stocks note on Tuesday, the research house said that the bullish bias above that threshold may see the stock’s price climb higher towards the RM1.30 immediate resistance, followed by the RM1.35 next resistance.

“However, a fall below the RM1.17 support potentially signals a downtrend,” it said.

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