RHB Retail Research
Trading Stocks - Ideal United Bintang International
Ideal United Bintang International may rebound further after it tested MYR1.06 support lately. Given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR1.06 level, with an exit set below the MYR1.06 threshold. Towards the upside, the near-term resistance is at MYR1.20. This is followed by the MYR1.28 level.
Source: RHB Securities Research - 26 Mar 2019
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