According to RHB Retail Research, Able Global Is Aiming for an All-time High

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According to RHB Retail Research, Able Global Bhd is aiming for an all-time high after breaking through the RM1.75 consolidation period on strong trading volume — printing a lengthy white candlestick.

The research house stated in a trade stocks note today that significant buying demand above that level is projected to persist until it reaches the RM1.94 resistance, at which point it will test the historical high of RM2.04.

“However, a break below the RM1.64 support will invalidate this expectation,” it added.

Published by Zack Baharum

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