RHB Retail Research

Trading Stocks - Sunway Construction Group

rhboskres
Publish date: Thu, 01 Aug 2019, 04:56 PM
rhboskres
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RHB Retail Research

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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