RHB Retail Research
Trading Stocks - Master-Pack Group
Master-Pack Group was testing the MYR1.36 threshold recently. A bullish bias may be present above this point, with a target price of MYR1.45, followed by MYR1.50. The stock may take a breather if it cannot breach above the MYR1.36 threshold decisively in the near term. Support may be found at MYR1.21, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 4 Sept 2019
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