RHB Retail Research
Technical Analysis - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful Malaysia Keluarga was testing the MYR4.00 level in its latest session. A bullish bias may be present above this point with a target price of MYR4.25, followed by MYR4.50. The stock may take a breather if it cannot breach above the MYR4.00 threshold decisively in the coming sessions. Support may be found at MYR3.80, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 30 Oct 2018
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