Harn Len Corporation
In the technical analysis published by RHB Research dated 28 June 2022, this counter is attempting to climb higher after bouncing off the 21-day average line yesterday, heading towards the MYR1.28 immediate resistance. If a breakout happens above that level, the bullish bias may propel the stock towards MYR1.36 – 13 September 2021’s high – followed by the MYR1.45 resistance, or the high of 6 September 2021. However, the stock may reverse direction if it falls below the MYR1.18 support – forming a “lower low” bearish pattern below the average line.
D & O Green Technologies
D&O Green is poised for an uptrend rebound, according to RHB Research’s latest technical analysis, as it climbed higher towards hitting the MYR4.04 immediate resistance (17 Jun’s high) yesterday on improved tradingvolume – surpassing the 21-day average line. If it manages to breach above the resistance level, the stock may climb further towards the MYR4.20 resistance, or 21 Apr’s high, followed by MYR4.43, or 11 Apr’s high. If it falls below the support level of MYR3.82, the stock may trend downwards below the average line.
