Tenaga Nasional has been trading in a rangebound pattern over the past 2.5 month around the 30-day SMA line. A positive bias may emerge above MYR13.40, while the resistance points are pegged at MYR14.00, followed by MYR14.30. A stop-loss can be placed below MYR13.40.
Source: RHB Securities Research - 26 Sept 2019
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TENAGACreated by rhboskres | Aug 26, 2024