RHB Retail Research says DKSH Holding Berhad formed an “Upside Gap” to break away from its 2-week sideways consolidation phase, which took place above the 200- day SMA line.
In a trading note, the research house says a positive bias may emerge above MYR2.74 with resistance levels pegged at MYR2.99, followed by MYR3.20.
“A stop-loss can be placed below MYR2.64,” it says.