{"id":29769,"date":"2022-12-09T09:36:04","date_gmt":"2022-12-09T01:36:04","guid":{"rendered":"https:\/\/umedic.com.my\/Stagging2025\/?p=29769"},"modified":"2023-04-05T10:04:28","modified_gmt":"2023-04-05T02:04:28","slug":"umedic-in-the-midst-of-consolidating-sideways-says-rhb-retail-research","status":"publish","type":"post","link":"https:\/\/umedic.com.my\/Stagging2025\/umedic-in-the-midst-of-consolidating-sideways-says-rhb-retail-research\/","title":{"rendered":"UMediC in the midst of consolidating sideways, says RHB Retail Research"},"content":{"rendered":"<p>KUALA LUMPUR (Dec 9): RHB Retail Research said UMediC Group Bhd is in the midst of consolidating sideways between 69.5 sen and 74 sen amid the uptrend reversal posture above the 21-day average line.<\/p>\n<p>In a trading stocks note today, the research house said that if the stock rebounds and breaches the resistance of 74 sen, the bullish momentum may accelerate to propel the stock northwards towards the 80 sen mark.<\/p>\n<p>\u201cThis is then followed by the next resistance of 88.5 sen, or Sept 28\u2019s high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR (Dec 9): RHB Retail Research said UMediC Group Bhd is in the midst of consolidating sideways between 69.5 sen and 74 sen amid the uptrend reversal posture above the 21-day average line. In a trading stocks note today, the research house said that if the stock rebounds and breaches the resistance of 74 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28357,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[180,205,170,202,197],"class_list":["post-29769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bursa-malaysia","tag-theedgemarkets","tag-umc","tag-umcg","tag-umedicgroupberhad"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UMediC in the midst of consolidating sideways, says RHB Retail Research - UMediC Group Berhad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/umedic.com.my\/Stagging2025\/umedic-in-the-midst-of-consolidating-sideways-says-rhb-retail-research\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UMediC in the midst of consolidating sideways, says RHB Retail Research - UMediC Group Berhad\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR (Dec 9): RHB Retail Research said UMediC Group Bhd is in the midst of consolidating sideways between 69.5 sen and 74 sen amid the uptrend reversal posture above the 21-day average line. 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