RHB Retail Research
Technical Analysis - Inta Bina Group
Inta Bina Group may rebound higher after it continued holding above the MYR0.31 support. Last Friday’s long white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.335 level, with an exit set below the MYR0.31 threshold. Towards the upside, the near-term resistance is at MYR0.37. This is followed by the MYR0.40 level.
Source: RHB Securities Research - 8 Oct 2018
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