RHB Retail Research
Trading Stocks - Ranhill
Ranhill may rise higher after it breached above the MYR1.20 threshold. This candle has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.20 level, with an exit set below the MYR1.10 threshold. Towards the upside, the near-term resistance is at MYR1.30. This is followed by the MYR1.40 level.
Source: RHB Securities Research - 28 Jun 2019
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