Teo Seng settled above the MYR1.12 resistance mark in the latest session. This came after it rebounded from the 30-day SMA line in the prior session, suggesting a positive follow-up. A positive bias may emerge above MYR1.12, while a stop-loss can be placed below MYR1.07. Overhead resistances are expected at MYR1.20, and followed by MYR1.27.
Source: RHB Securities Research - 19 Sept 2019
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Created by rhboskres | Aug 26, 2024