RHB Retail Research
Trading Stocks - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful Malaysia may rise higher after posting a white candle and hitting its new 52-week high. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A positive bias may emerge above the MYR6.50 level, with an exit set below the MYR5.86 threshold. Towards the upside, the immediate resistance is at MYR7.00. This is followed by the MYR7.50 level.
Source: RHB Securities Research - 7 Jun 2019
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