MTAG Group may climb higher after it breached above the MYR0.56 threshold. This upward momentum is likely to continue, given that it has formed a third consecutive white candle. A positive bias may emerge above the MYR0.56 level, with an exit set below the MYR0.53 threshold. Towards the upside, the immediate resistance is at the MYR0.63 mark. This is followed by the MYR0.70 level.
Source: RHB Securities Research - 5 Dec 2019
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