Syarikat Takaful Malaysia Keluarga may rebound further after it tested MYR5.75 support recently. Given that it has formed a positive candle for the third consecutive session, the positive sentiment has been enhanced. A bullish bias may appear above the MYR6.15 level, with an exit set below the MYR5.75 threshold. Towards the upside, the near-term resistance is at MYR6.80. This is followed by the MYR7.18 level.
Source: RHB Securities Research - 13 Aug 2019
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Created by rhboskres | Aug 26, 2024