RHB Retail Research
Trading Stocks - Malakoff Corp
Malakoff continued to show signs of rebounding after it tested the MYR0.815 level in the prior session. This implies chances are high that it could be resuming its upward move - after the recent retracement. Towards the upside, immediate resistance is expected to emerge at MYR0.865, followed by MYR0.90. Stop-loss can be placed below MYR0.80.
Source: RHB Securities Research - 11 Jun 2019
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