RHB Retail Research

Trading Stocks - Sime Darby Property

rhboskres
Publish date: Mon, 17 Dec 2018, 09:25 AM
rhboskres
0 9,021
RHB Retail Research

Sime Darby Property may rebound further after it tested the MYR0.905 support recently. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR0.905 level, with an exit set below the MYR0.905 threshold. Towards the upside, the near-term resistance is at MYR1.02. This is followed by the MYR1.10 level.

Source: RHB Securities Research - 17 Dec 2018

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