RHB Retail Research

Trading Stocks - Sunway

rhboskres
Publish date: Wed, 14 Aug 2019, 05:15 PM
rhboskres
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RHB Retail Research

Sunway was testing the MYR1.64 level in its latest session. A bullish bias may be present above this point, with a target price of MYR1.68, followed by MYR1.72. The stock may take a breather if it cannot breach above the MYR1.64 threshold in the coming sessions. Support may be found at MYR1.55, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 14 Aug 2019

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