SALUTE – Technical

SALUTICA BERHAD Stock Code: 0183 Above: Salute daily chart (click to enlarge view) SALUTE has experienced a flag- – formation breakout above the RM1.35 level with improved volumes. The MACD Histogram has extended another green bar, while the RSI remains above 50. Price may rally, targeting the RM1.42- – RM1.50 levels. Support will be set around the RM1.30 level. source: Malacca

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