RHB Retail Research
Trading Stocks - Malaysia Marine and Heavy Engineering
Malaysia Marine and Heavy Engineering may rebound further after it tested the MYR0.88 support in its latest session. With the 21-day SMA line edging upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR0.88 level, with an exit set below the MYR0.88 threshold. Towards the upside, the immediate resistance is at MYR0.97. This is followed by the MYR1.00 level.
Source: RHB Securities Research - 1 Aug 2019
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