RHB Investment Research Reports
Trading Stocks - Malaysia Airports Holdings
rhbinvest
Publish date: Thu, 09 Jun 2022, 03:26 PM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Malaysia Airports Holdings is poised to climb higher as it attempted to move past the MYR6.78 recent high yesterday while forming a “higher low” bullish structure. If a breakout above that level happens, it may drive the stock towards the MYR7.00 threshold, followed by the MYR7.20 next resistance. However, the stock may see a reversal if it falls below the MYR6.60 support level – forming a “lower low” bearish pattern.
Source: RHB Securities Research - 9 Jun 2022
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