RHB Retail Research
Trading Stocks - Syarikat Takaful Malaysia Keluarga
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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