RHB Retail Research
Trading Stocks - Malaysian Pacific Industries
Malaysian Pacific Industries was testing the MYR9.50 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR9.85, followed by MYR10.20. The stock may take a breather if it cannot breach the MYR9.50 mark in the near term. Support may be found at MYR9.00, where traders can exit upon a breach to minimise the downside risk
Source: RHB Securities Research - 7 Oct 2019
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