RHB Retail Research
Trading Stocks - I-Berhad
I-Berhad was testing the MYR0.24 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.265, followed by MYR0.285. The stock may take a breather if it cannot breach above the MYR0.24 threshold decisively in the near term. Support may be found at MYR0.21, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 13 Dec 2019
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