Sunway Construction Group was testing the MYR2.20 level in its latest session. A bullish bias may be present above this point with a target price of MYR2.30, followed by MYR2.40. The stock may take a breather if it cannot breach above the MYR2.20 threshold in the coming sessions. Support may be found at MYR2.07, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 1 Aug 2019
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SUNCONCreated by rhboskres | Aug 26, 2024