Serba Dinamik was testing the MYR4.10 level in its latest session. A bullish bias may be present above this point, with a target price of MYR4.24, followed by MYR4.50. The stock may consolidate further if it cannot breach above the MYR4.10 mark decisively in the coming sessions. Support may be found at MYR3.84, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 13 Aug 2019
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Created by rhboskres | Aug 26, 2024