RHB Retail Research

Trading Stocks - MMC Corporation

rhboskres
Publish date: Wed, 06 Mar 2019, 04:54 PM
rhboskres
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RHB Retail Research

MMC Corporation was testing the MYR1.21 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.34, followed by MYR1.46. The stock may take a breather if it cannot breach above the MYR1.21 threshold in the coming sessions. Support may be found at MYR1.04, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 6 Mar 2019

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