Sunway Construction Group may move higher after it breached above the MYR1.60 threshold. Yesterday’s candle sent the stock to its 4-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.60 level, with an exit set below the MYR1.50 threshold. Towards the upside, the near-term resistance is at MYR1.75. This is followed by the MYR1.83 level.
Source: RHB Securities Research - 20 Feb 2019
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SUNCONCreated by rhboskres | Aug 26, 2024