Eye On Stock Dancomech
Dancomech Holdings Bhd
(code: 5276) is looking bullish after it moved ahead of the 50-day simple moving average (SMA) on Friday.
While the stock made similar breaches earlier this month, there is more attention to the stock this time around as evidenced by the growing trading volume, indicating improved investor interest. In fact, the trading volume is showing signs of returning to the levels last seen in November last year, where the counter experienced a sharp rally amid a spurt in investor activity.
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