Kronologi Asia may rebound further after it tested the MYR0.595 support in recent sessions. As the 21-day SMA line has crossed above the 55-day SMA line lately, this is an indication of a positive sign. A bullish bias may appear above the MYR0.595 level, with an exit set below the MYR0.595 threshold. Towards the upside, the near-term resistance is at MYR0.645. This is followed by the MYR0.685 level.
Source: RHB Securities Research - 10 Jul 2019
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Created by rhboskres | Aug 26, 2024