$SIAB (0241.MY)$ Siab is expected to continue its bullish tr...
![$SIAB (0241.MY)$ Siab is expected to continue its bullish trajectory after breaking through key resistance levels and achieving strong trading volume. The stock...](https://sgsnsimg.moomoo.com/sns_client_feed/102561075/20240715/1721025815840-random6942-102561075-android-org.png/big?area=104&is_public=true)
Siab is expected to continue its bullish trajectory after breaking through key resistance levels and achieving strong trading volume. The stock closed above the MYR 0.15 resistance level, forming a new “high rise” bullish candlestick. The volume surged at the same time as the stock price, indicating that the bullish momentum is increasing. We expect the positive price action to continue to MYR 0.17, followed by MYR 0.19. A break below the 0.13 Malaysian ringgit support level will resume the adjustment phase.
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