Ramssol is resuming its uptrend, says RHB Retail Research

TheEdge Mon, Sep 20, 2021 07:20am - 2 years View Original


KUALA LUMPUR (Sept 20): RHB Retail Research said Ramssol Group Bhd is resuming its uptrend towards an all-time high, as it broke away from the immediate resistance of 89.5 sen on high volume.

In a trading stocks note today, the research house said if the stock manages to stay above that level, the bullish momentum may continue to propel the stock within the uncharted territory to 95 sen, followed by the RM1.00 psychological level.

“However, this expectation will be cancelled if it falls below the support of 83 sen,” it said.

 

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