Bursa Malaysia has been trading above the MYR6.96 support level over past two weeks, suggesting its multi-week sharp retracement may have reached an interim low. A bullish bias may emerge above this level with the resistance level expected at MYR7.32, followed by MYR7.45. A stop-loss can be placed below MYR6.96.
Source: RHB Securities Research - 10 Dec 2018
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BURSACreated by rhboskres | Aug 26, 2024