Cypark Resources may rebound higher after it continued holding above the MYR1.25 support. This candle has sent the stock to its highest close in more than a week, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR1.31 level, with an exit set below the MYR1.25 threshold. Towards the upside, the immediate resistance is at the MYR1.38 level. This is followed by the MYR1.43 threshold.
Source: RHB Securities Research - 4 Sept 2019
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