RHB Retail Research
Trading Stocks - Carlsberg Brewery Malaysia
Carlsberg Brewery Malaysia may rise higher after it breached above the MYR25 threshold. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR25 level, with an exit set below the MYR23 threshold. Towards the upside, the near-term resistance is at MYR27. This is followed by the MYR28 level.
Source: RHB Securities Research - 4 Mar 2019
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