RHB Retail Research
Trading Stocks - UEM Edgenta
UEM Edgenta may rise higher after it breached above the MYR3.20 threshold. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR3.20 level, with an exit set below the MYR3.00 threshold. Towards the upside, the immediate resistance is at the MYR3.50 level. This is followed by the MYR3.70 threshold.
Source: RHB Securities Research - 28 Aug 2019
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