RHB Retail Research

Trading Stocks - Tenaga Nasional

rhboskres
Publish date: Fri, 02 Aug 2019, 05:21 PM
rhboskres
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RHB Retail Research

Tenaga Nasional may move higher after it continued holding above the MYR13.40 support. Given that it has formed a positive candle for the second consecutive session, the positive sentiment has been enhanced. A bullish bias may appear above the MYR13.88 level, with an exit set below the MYR13.40 threshold. Towards the upside, the near-term resistance is at MYR14.70. This is followed by the MYR15.40 level.

Source: RHB Securities Research - 2 Aug 2019

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