Immediate resistance zone is between RM2.44 to RM2.53.
Check out the price action correspond to the current resistance zone back in time around early March 2018.
Since the news on technology sector outlook published by TheStar, the share price had rallied with relatively high volume on two occasions - 10 and 13 July 2018 but failed to break the resistance zone.
Is it waiting for strong catalyst to break the resistance zone ?
Related post, Outlook for technology sector seems promising
Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.
Source :
1) Metastock
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