RHB Retail Research
Trading Stocks - Genting Malaysia
Genting Malaysia may trend higher after it breached above the MYR3.50 threshold. This close has sent the stock to its highest close in more than eight months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR3.50 level, with an exit set below the MYR3.26 threshold. Towards the upside, the near-term resistance is at MYR4.00. This is followed by the MYR4.13 level.
Source: RHB Securities Research - 25 Jul 2019
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