Genting Malaysia formed a white candle and marginally crossed above the 30-day SMA line, this came after it rebounded from the MYR3.02 support level in the prior session. This implies a positive follow-up. Towards the upside, the resistance levels are expected at MYR3.20, followed by MYR3.28. A stop-loss can be placed below MYR3.02.
Source: RHB Securities Research - 24 Sept 2019
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Created by rhboskres | Aug 26, 2024