Sunway formed a white candle and crossed above the MYR1.72 resistance in the latest trade – suggesting its upward move is still developing. Towards the upside, the resistance points are expected at MYR1.80 (near the historic high), this is followed by MYR1.90. A stop-loss can be placed below MYR1.68.
Source: RHB Securities Research - 26 Sept 2019
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SUNWAYCreated by rhboskres | Aug 26, 2024