RHB Retail Research
Trading Stocks - Insas
Insas formed a long white candle, indicating that momentum of buying could be strong. This candle has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR0.815 level, with an exit set below the MYR0.775 threshold. Towards the upside, the immediate resistance is at the MYR0.87 level. This is followed by the MYR0.90 mark.
Source: RHB Securities Research - 10 Sept 2019
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