RHB Retail Research
Trading Stocks - Master-Pack Group
Master-Pack Group may rise higher after forming a white candle and leaving an upside gap. Last Friday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR0.995 level, with an exit set below the MYR0.89 threshold. Towards the upside, the immediate resistance is at MYR1.10 level. This is followed by the MYR1.17 level.
Source: RHB Securities Research - 13 Aug 2019
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