RHB Retail Research

Trading Stocks - Syarikat Takaful Malaysia Keluarga

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Publish date: Thu, 09 May 2019, 05:34 PM
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RHB Retail Research

Syarikat Takaful Malaysia Keluarga was testing the MYR6.20 level lately. A bullish bias may be present above this point with a target price of MYR6.50, followed by MYR7.00. The stock may take a breather if it cannot breach above the MYR6.20 threshold decisively in the near term. Support may be found at MYR5.74, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 9 May 2019

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