RHB Retail Research
Trading Stocks - Master-Pack Group
Master-Pack Group was testing the MYR2.90 level in the recent session. A bullish bias may be present above this point, with a target price of MYR3.20, followed by MYR3.50. The stock may take a breather if it cannot decisively breach above the MYR2.90 mark in the coming sessions. Support may be found at MYR2.60, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 17 Feb 2020
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