Syarikat Takaful Malaysia Keluarga may rebound further after it tested the MYR4.56 support lately. Last Friday’s candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR4.87 level, with an exit set below the MYR4.56 threshold. Towards the upside, the immediate resistance is at the MYR5.50 mark. This is followed by the MYR5.85 level.
Source: RHB Securities Research - 17 Feb 2020
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Created by rhboskres | Aug 26, 2024