RHB Retail Research
Trading Stocks: MMC Corporation
MMC Corp may move higher after it tested the MYR0.97 support in a recent session. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR1.08 level, with an exit set below the MYR0.97 threshold. Towards the upside, the immediate resistance is at MYR1.23. This is followed by the MYR1.34 level.
Source: RHB Securities Research - 28 Feb 2019
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