RHB Retail Research
Trading Stocks - Berjaya Sports Toto
Berjaya Sports Toto may rise higher after it breached above the MYR2.44 threshold. Given that it has formed a long white candle above the 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may emerge above the MYR2.44 level, with an exit set below the MYR2.30 threshold. Towards the upside, the immediate resistance is at MYR2.64. This is followed by the MYR2.72 level.
Source: RHB Securities Research - 4 Apr 2019
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