Fajarbaru Builder Group tested the MYR0.45 level recently. A bullish bias may be present above this point with a target price of MYR0.49, followed by MYR0.53. The stock may move sideways if it cannot surpass the MYR0.45 threshold decisively in the coming sessions. Support may be found at MYR0.39, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 8 Oct 2018
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Created by rhboskres | Aug 26, 2024