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Resistance is futile.
 
Malaysia

Huaan
 

Huaan has broken past its resistance of RM0.555with high volume. After such a technically bullish event, further upside may be expected. However as Stochastic is currently in overbought region and the price is currently quite far from its 20-day moving average, a safer trade would be to wait for Huaan to retrace down. Look out for Huaan to be supported at 20-day moving average or at its classical support of RM0.43. On the upside, resistance can be found at RM0.65 with a stronger resistance at RM0.705.

 
 
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