RHB Retail Research
Technical Analysis - Serba Dinamik
Serba Dinamik was testing the MYR4.00 level in recent trades. A bullish bias may be present above this point with a target price of MYR4.30, followed by MYR4.50. The stock may take a breather, if it cannot breach above the MYR4.00 threshold decisively in the near term. Support may be found at MYR3.68, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 24 Aug 2018
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