RHB Retail Research
Trading Stocks - Insas
Insas may trend higher after it breached above the MYR0.90 threshold. Given that the stock has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.90 level, with an exit set below the MYR0.87 threshold. Towards the upside, the immediate resistance is at the MYR0.95 mark. This is followed by the MYR0.98 level.
Source: RHB Securities Research - 13 Dec 2019
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