Supportline : Tomei, Genting, SAM Engineering


Tomei

Tomei Consolidated Bhd is extending a strong rally with the last two days of trading showing a jump in buying interest.

At its current trajectory, the stock is headed for a resistance at RM1.15, with next resistance at RM1.24. The slow-stochastic has hit 95 points but is yet to show signs of tapering at the overbought level. The strong momentum is further affirmed by the RSI and MACD, indicating sustained growth at least for now. Support is found at RM1 and 95 sen.

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SAM Engineering , Genting Malaysia , Tomei

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