RHB Retail Research
Technical Analysis - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful may trend higher after it breached above the MYR4.00 threshold. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR4.00 level, with an exit set below the MYR3.85 threshold. Towards the upside, the near-term resistance is at MYR4.25. This is followed by the MYR4.44 level.
Source: RHB Securities Research - 6 Dec 2018
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