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Mobilia poised to trend northwards further, says RHB Retail Research

2021-10-17T23:17:50+08:00October 17th, 2021|0 Comments
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KUALA LUMPUR (Oct 18): RHB Retail Research said Mobilia Holdings Bhd is poised to trend northwards further, as it attempted to move past the immediate resistance of 51.5 sen last Friday – printing a “higher low” bullish pattern.

In a trading stocks note today, the research house said if a breakout happens above that level, the bulls are expected to follow through towards the 55 sen resistance, followed by 57.5 sen.

“Meanwhile, if it falls beneath the 49 sen support, the momentum may dissipate,”

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