Breaching Resistance Despite Market Weakness ft. ALPHA (0303)
![Breaching Resistance Despite Market Weakness ft. ALPHA (0303)](https://sgsnsimg.moomoo.com/sns_client_feed/101757616/20240909/1725885910318-07ad20f6a2.png/big?area=104&is_public=true)
Despite a general market weakness, we see strong upwards performance by ALPHA (0303) today breaching the key resistance level of RM0.330 and turning it into a new support, also reaching a day-high of RM0.335 today. We see this strong momentum, as indicated by the stronger buyer interests (red bars below) and strong volume today. The bollinger band also shows a positive uptrend movement.
We continue to rate ALPHA as a positive trading BUY.
Support Level: RM0.330
Resistance Level: RM0.345, RM0.350
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