RHB Retail Research
Trading Stocks - Sunway
Sunway was testing the MYR1.71 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.80, followed by MYR1.90. The stock may take a breather if it cannot breach above the MYR1.71 threshold decisively in the coming sessions. Support may be found at MYR1.60, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 9 Apr 2019
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