RHB Retail Research
Technical Analysis - Prestariang
Prestariang
Prestariang was testing the MYR1.21 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.34, followed by MYR1.50. The stock may take a breather if it cannot breach above the MYR1.21 threshold in the near term. Support may be found at MYR1.03, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 16 Aug 2018
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