RHB Retail Research
Trading Stocks - UEM Sunrise
UEM Sunrise may rebound further after it tested MYR0.795 support in its latest session. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR0.795 level, with an exit set below the MYR0.795 threshold. Towards the upside, the near-term resistance is at MYR0.85. This is followed by the MYR0.89 level
Source: RHB Securities Research - 19 Jul 2019
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