RHB Retail Research
Technical Analysis - Mega First Corp
Mega First Corp may rebound further after it tested the MYR3.00 support lately. Yesterday’s white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR3.24 level, with an exit set below the MYR3.00 threshold. Towards the upside, the near-term resistance is at MYR3.45. This is followed by the MYR3.58 level.
Source: RHB Securities Research - 9 Nov 2018
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