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Genting was testing the MYR6.93 level in its latest session. A bullish bias may be present above this point with a target price of MYR7.50, followed by MYR7.80. The stock may turn sideways if it cannot surpass the MYR6.93 mark in the coming sessions. Support may be found at MYR6.38, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 30 Jan 2019
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Created by rhboskres | Aug 26, 2024