Insas may move higher, says RHB Retail Research
KUALA LUMPUR (Aug 30): RHB Retail Research said Insas Bhd may move higher after it continued holding above the 76 sen support.
In a trading stocks note today, the research house said as the stock climbed above the 21-day SMA line, this indicates a positive sign.
“A positive bias may emerge above the 78.5 sen level, with an exit set below the 76 sen threshold.
“Towards the upside, the immediate resistance is at the 83.5 sen level. This is followed by the 87 sen level,” it said.
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