RHB Retail Research

Trading Stocks - Sunway Construction Group

rhboskres
Publish date: Mon, 15 Jul 2019, 10:55 AM
rhboskres
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RHB Retail Research

Sunway Construction Group may rise higher after it breached above the MYR2.15 threshold. Last Friday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR2.15 level, with an exit set below the MYR1.99 threshold. Towards the upside, the immediate resistance is at MYR2.30. This is followed by the MYR2.40 level.

Source: RHB Securities Research - 15 Jul 2019

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