MClean Technologies poised to extend uptrend, says RHB Retail Research

TheEdge Tue, Mar 30, 2021 07:20am - 3 years View Original


KUALA LUMPUR (March 30): RHB Retail Research said MClean Technologies Bhd is poised to extend its uptrend after staying above the resistance-turn-support level of 43 sen for four consecutive sessions.

In a trading stocks note today, the research house said trading volume has been growing lately, indicating that the buyers are gaining traction.

“Premised on this, the bulls are eyeing the resistance of 43 sen, followed by 56 sen.

“Meanwhile, if the support level of 43 sen is broken, this trading set-up would be invalidated,” it said.

 

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