I-Berhad was testing the MYR0.50 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.52, followed by MYR0.535. The stock may consolidate further if it cannot breach above the MYR0.50 threshold in the coming sessions. Support may be found at MYR0.475, where traders can exit upon a breach to minimise downside risk.
Source: RHB Securities Research - 28 Jun 2018
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Created by rhboskres | Aug 26, 2024