Sunway REIT is attempting to continue the bullish movement, knocking on the door of the immediate resistance. The counter has been consolidating sideways below the MYR1.69 resistance. In the event the bullish breakout happens, it may extend the upside movement towards MYR1.75, followed by the MYR1.82 level. On the other hand, falling below the MYR1.62 support opens the door for a correction phase.
Source: RHB Securities Research - 28 Aug 2024
Chart | Stock Name | Last | Change | Volume |
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Created by rhbinvest | Nov 18, 2024
Created by rhbinvest | Nov 18, 2024