RHB Retail Research
Trading Stocks - Bina Puri
Bina Puri may rebound higher after it continued holding above the MYR0.165 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may emerge above the MYR0.19 level, with an exit set below the MYR0.165 threshold. Towards the upside, the immediate resistance is at MYR0.215. This is followed by the MYR0.24 level.
Source: RHB Securities Research - 31 Dec 2018
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