RHB Retail Research

Technical Analysis - Malayan Banking

rhboskres
Publish date: Mon, 04 Jun 2018, 09:56 AM
rhboskres
0 9,021
RHB Retail Research

Malayan Banking

Malayan Banking may rebound higher after it continued holding above the MYR9.37 support. As it has formed a positive candle for the second consecutive day, the bullish sentiment has been enhanced. A bullish bias may appear above the MYR9.80 level, with an exit set below the MYR9.37 threshold. Towards the upside, the near-term resistance is at MYR10.32. This is followed by the MYR10.90 level.

Source: RHB Securities Research - 4 Jun 2018

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