Master-Pack Group may trend higher after it formed a second consecutive long white candle. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.72 level, with an exit set below the MYR0.675 threshold. Towards the upside, the near-term resistance is at MYR0.79. This is followed by the MYR0.90 level.
Source: RHB Securities Research - 14 Mar 2019
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Created by rhboskres | Aug 26, 2024