RHB Retail Research
Trading Stocks - Genting Plantations
Genting Plantations was testing the MYR10.52 level in its latest session. A bullish bias may be present above this point with a target price of MYR11, followed by MYR12. The stock may consolidate further if it cannot breach above the MYR10.52 mark in the coming sessions. Support may be found at MYR10, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 18 Feb 2019
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