RHB Retail Research
Trading Stocks - UEM Edgenta
UEM Edgenta may rebound higher after it continued holding above the MYR2.64 support. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR2.80 level, with an exit set below the MYR2.64 threshold. Towards the upside, the near-term resistance is at MYR3.00. This is followed by the MYR3.10 level.
Source: RHB Securities Research - 15 Feb 2019
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