RHB Retail Research
Trading Stocks - MRCB
MRCB formed a white candle after it tested the MYR0.725 support multiple time in recent sessions – this implies its rebound that started from the MYR0.70 level may be resuming. Positive bias may emerge above MYR0.725, with the resistance levels expected at MYR0.79, followed by MYR0.825. A stoploss can be placed below MYR0.70.
Source: RHB Securities Research - 27 Sept 2019
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