RHB Retail Research
Technical Analysis - Astro Malaysi
Astro Malaysia was testing the MYR1.41 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.57, followed by MYR1.70. The stock may take a breather if it cannot breach above the MYR1.41 mark in the near term. Support may be found at MYR1.24, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 7 Dec 2018
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