RHB Retail Research
Trading Stocks - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful Malaysia Keluarga’s upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR6.13 level, with an exit set below the MYR5.86 threshold. Towards the upside, the immediate resistance is at MYR6.70. This is followed by the MYR7.00 level.
Source: RHB Securities Research - 31 May 2019
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