RHB Retail Research
Trading Stocks - Malaysia Airports
Malaysia Airports may move higher after it breached above the MYR8.00 threshold. In view that the 21-day SMA line is likely to begin turning upward, this implies a positive outlook sentiment. A positive bias may emerge above the MYR8.00 level, with an exit set below the MYR7.50 threshold. Towards the upside, the immediate resistance is at MYR8.65. This is followed by the MYR9.00 level.
Source: RHB Securities Research - 17 Jun 2019
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