RHB Retail Research
Trading Stocks - UEM Sunrise
UEM Sunrise may rebound further after it tested MYR0.795 support recently. Yesterday’s white candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.82 level, with an exit set below the MYR0.795 threshold. Towards the upside, the near-term resistance is at MYR0.89. This is followed by the MYR0.925 level.
Source: RHB Securities Research - 3 Jul 2019
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