RHB Retail Research
Trading Stocks - Malaysia Building Society Bhd
The stock has been experiencing a minor sideways consolidation phase in the recent sessions – within the range of MYR0.98 and above the 30-day SMA line. A breakout from the MYR0.98 level may signal the extension of its upward move. The following resistance may appear at MYR1.00, followed by MYR1.05. A stop-loss can be placed at below MYR0.96.
Source: RHB Securities Research - 19 Jun 2019
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