Sunway Construction Group was testing the MYR2.09 level in recent sessions. A bullish bias may be present above this point with a target price of MYR2.20, followed by MYR2.32. The stock may consolidate further if it cannot breach above the MYR2.09 mark in the coming sessions. Support may be found at MYR1.95, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 9 May 2019
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SUNCONCreated by rhboskres | Aug 26, 2024