RHB Retail Research
Technical Analysis - Syarikat Takaful Malaysia Keluarga
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Syarikat Takaful Malaysia Keluarga was testing the MYR4.00 level in its latest session. A bullish bias may be present above this point with a target price of MYR4.23, followed by MYR4.37. The stock may drift sideways if it cannot surpass the MYR4.00 threshold in the near term. Support may be found at MYR3.78, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 20 Jun 2018
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