Sealink International may climb higher after forming a long white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR0.26 level, with an exit set below the MYR0.235 threshold. Towards the upside, the immediate resistance is at MYR0.30 level. This is followed by the MYR0.325 level.
Source: RHB Securities Research - 20 Aug 2019
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Created by rhboskres | Aug 26, 2024