Malaysia Airports Holdings is expected to trend upwards further, as it breached the MYR6.66 immediate resistance yesterday on significant volume – printing a “White Marubozu” bullish candlestick. If the bulls follow through, the stock may travel towards the MYR7.80 resistance, before heading for the next resistance point of MYR8.84. If it falls below the support level of MYR6.17, the stock will likely move downwards, below the 21-day average line

Source: RHB Securities Research - 31 Mar 2022