Tambun Indah Land may rise higher after recording a higher close vis-a-vis the previous sessions since 4 Jul. This close has sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.845 level, with an exit set below the MYR0.79 threshold. Towards the upside, the nearterm resistance is at MYR0.92. This is followed by the MYR1.00 level.
Source: RHB Securities Research - 9 Jul 2018
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Created by rhboskres | Aug 26, 2024