RHB Retail Research
Trading Stocks - Malakoff Corporation
Malakoff Corp formed a white candle to cross above the previous resistance of MYR0.87, signalling a potential end to its 3-week consolidation phase, and the resumption of its uptrend. Towards the upside, resistance levels are at MYR0.93, followed by MYR0.96. A stop-loss can be placed below MYR0.84.
Source: RHB Securities Research - 21 Nov 2019
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