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TM consolidating sideways, says RHB Retail Research

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TM consolidating sideways, says RHB Retail Research

KUALA LUMPUR (Oct 26): RHB Retail Research said Telekom Malaysia Bhd (TM) is consolidating sideways near the resistance level of RM4.30, and may see a breakout soon.In a trading stocks note today, the research house said that trading volume had increased gradually since Oct 5, indicating a growing bullish momentum.“If it break outs above the resistance level, we think it will move higher to test the next resistance level of RM4.50, followed by RM4.70.“A downside breach of the RM4.10

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