RHB Retail Research
Trading Stocks - Mega First Corporation
Mega First Corp may move higher after it continued holding above the MYR3.53 support. Yesterday’s candle sent the stock to its 2-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR3.66 level, with an exit set below the MYR3.53 threshold. Towards the upside, the near-term resistance is at MYR3.88. This is followed by the MYR4.03 level.
Source: RHB Securities Research - 9 Jul 2019
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