Genting may rebound further after it tested the MYR6.28 support in recent sessions. This candle has sent the stock to its highest point in more than two weeks, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR6.50 level, with an exit set below the MYR6.28 threshold. Towards the upside, the near-term resistance is at MYR6.85. This is followed by the MYR7.07 level.
Source: RHB Securities Research - 4 Jun 2019
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Created by rhboskres | Aug 26, 2024