RHB Retail Research

Trading Stocks - Sime Darby Plantation

rhboskres
Publish date: Tue, 31 Dec 2019, 11:26 AM
rhboskres
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RHB Retail Research

Sime Darby Plantation may trend higher after it climbed above the MYR5.50 mark. This upward momentum is likely to continue, given that it has formed a second consecutive white candle. A positive bias may emerge above the MYR5.45 level, with an exit set below the MYR5.25 threshold. Towards the upside, the immediate resistance is at the MYR5.80 mark. This is followed by the MYR6.00 level.

Source: RHB Securities Research - 31 Dec 2019

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