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Stock Analysis with ChartNexus (version 2)
 
Malaysia

Axiata
 

The recent bullish price and volume action of Axiata supported by the MACD turning positive suggest that it has potential to resume its prior uptrend. A break above its recent high of RM2.58 may trigger an upside target to RM2.77, followed by RM2.92. However with the Stochastic oscillator in extreme overbought level, a pullback may be expected to occur in the near term. Immediate support may be found at RM2.33 with a next stronger support at RM2.13.  

 
 
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