RHB Retail Research
Trading Stocks - Insas
Insas has been trading in a possible sideways pattern over the past one month, above the MYR0.80 support level (also around the 30-day SMA line) which was tested multiple times. A positive bias may emerge above this threshold. Towards the upside, resistance levels are pegged at MYR0.845, followed by MYR0.87. A stop-loss can be placed below MYR0.80.
Source: RHB Securities Research - 15 Oct 2019
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