Master-Pack Group may rebound further after it tested the MYR1.08 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 MYR1.14 level, with an exit set below the MYR1.08 threshold. Towards the upside, the near-term resistance is at MYR1.28. This is followed by the MYR1.40 level.
Source: RHB Securities Research - 11 Jul 2019
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Created by rhboskres | Aug 26, 2024