RHB Retail Research
Trading Stocks - 7-Eleven Malaysia
7-Eleven Malaysia may climb higher after it breached above the MYR1.50 threshold. Yesterday’s white candle can be viewed as the bulls extending the buying momentum from 9 May’s upside gap. A positive bias may emerge above the MYR1.49 level, with an exit set below the MYR1.44 threshold. Towards the upside, the immediate resistance is at MYR1.63. This is followed by the MYR1.70 level.
Source: RHB Securities Research - 31 May 2019
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