Sunway Construction Group may climb higher after posting a long white candle and hitting its highest close in more than three weeks. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may appear above the MYR1.53 level, with an exit set below the MYR1.42 threshold. Towards the upside, the near-term resistance is at MYR1.69. This is followed by the MYR1.84 level.
Source: RHB Securities Research - 5 Nov 2018
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SUNCONCreated by rhboskres | Aug 26, 2024