Insas may move higher after it continued holding above the MYR0.76 support. As the stock climbed above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR0.785 level, with an exit set below the MYR0.76 threshold. Towards the upside, the immediate resistance is at the MYR0.835 level. This is followed by the MYR0.87 level.
Source: RHB Securities Research - 30 Aug 2019
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Created by rhboskres | Aug 26, 2024