RHB Retail Research
Trading Stocks - Berjaya Sports Toto
Berjaya Sports Toto may climb higher after posting a long white candle and hitting its 2-week high. Yesterday’s candle can be viewed as a continuation of the bulls extending the rebound from 6 Aug’s “Hammer” pattern. A positive bias may emerge above the MYR2.68 level, with an exit set below the MYR2.51 threshold. Towards the upside, the immediate resistance is at the MYR2.80 level. This is followed by the MYR3.00 level.
Source: RHB Securities Research - 14 Aug 2019
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