RHB Retail Research
Trading Stocks - Mega First Corp
Mega First Corp may move higher after it continued holding above the MYR3.75 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR3.75 level, with an exit set below the MYR3.75 threshold. Towards the upside, the near-term resistance is at MYR4. This is followed by the MYR4.30 level.
Source: RHB Securities Research - 1 Apr 2019
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