Mikro MSC may rebound higher after it continued holding above the MYR0.225 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may appear above the MYR0.245 level, with an exit set below the MYR0.225 threshold. Towards the upside, the near-term resistance is at MYR0.285. This is followed by the MYR0.315 level.
Source: RHB Securities Research - 4 Mar 2019
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Created by rhboskres | Aug 26, 2024