RHB Retail Research
Trading Stocks (MID-DAY) - Malakoff
At the time of writing, Malakoff was testing the MYR0.91 resistance level. A bullish bias may be present above this point, with a target price of MYR0.95, followed by MYR1.00. The stock may take a breather if it cannot decisively breach above the MYR0.91 threshold in the coming sessions. Support may be found at MYR0.88, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 20 Feb 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
