RHB Retail Research
Trading Stocks - Berjaya Sports Toto
Berjaya Sports Toto may rise higher after hitting its new 52- week high. Yesterday’s white candle can be viewed as a continuation of the bulls extending the upward momentum from 19 Jun’s upside gap. A positive bias may emerge above the MYR2.70 level, with an exit set below the MYR2.60 threshold. Towards the upside, the immediate resistance is at MYR2.84. This is followed by the MYR3.00 level.
Source: RHB Securities Research - 27 Jun 2019
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