RHB Retail Research

Trading Stocks - Mega First Corporation

rhboskres
Publish date: Mon, 19 Aug 2019, 09:45 AM
rhboskres
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RHB Retail Research

Mega First Corp may rebound further after it tested MYR3.60 support in recent session. Last Friday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR3.70 level, with an exit set below the MYR3.60 threshold. Towards the upside, the immediate resistance is at the MYR3.80 level. This is followed by the MYR3.90 level.

Source: RHB Securities Research - 19 Aug 2019

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