Serba Dinamik likely to extend rebound, says RHB Retail Research

TheEdge Fri, May 22, 2020 07:56am - 3 years View Original


KUALA LUMPUR (May 22): RHB Retail Research said Serba Dinamik Holdings Bhd is likely to extend its rebound as it formed an “Upside Gap” in the latest session, following the recent retesting of its breakout from the over one-month’s resistance line.

In a trading stocks note today, the research house said a positive bias may appear above RM1.76, with the following resistance points pegged at RM1.95, followed by RM2.00.

“A stop-loss can be placed below RM1.76,” it said.

 

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