RHB Retail Research
Trading Stocks - I-Berhad
I-Berhad may rebound higher after it continued holding above the MYR0.21 support. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.21 level, with an exit set below the MYR0.21 threshold. Towards the upside, the immediate resistance is at the MYR0.24 mark. This is followed by the MYR0.265 level.
Source: RHB Securities Research - 10 Dec 2019
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