MAHB has been consolidating around the downtrend line that formed since Aug 2018. A breakout from this area may suggest its recent upward move is likely to extend. Towards the upside, immediate resistance is eyed at MYR8.40, followed by MYR9.00. Stop-loss can be placed below MYR7.50.
Source: RHB Securities Research - 11 Jun 2019
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Created by rhboskres | Aug 26, 2024