RHB Retail Research
Technical Analysis - Fima Corporation
Fima Corp may rise higher after it formed a second consecutive white candle. As the 21-day SMA line will likely begin turning upwards, this is a positive sign. A bullish bias may emerge above the MYR1.87 level, with an exit set below the MYR1.80 threshold. Towards the upside, the immediate resistance is at MYR1.95. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 12 Dec 2018
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