RHB Retail Research
Trading Stocks - Master-Pack Group
Master-Pack Group may trend higher after it recently breached above the MYR3 threshold. With the 21-day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR3.08 level, with an exit set below the MYR2.87 threshold. Towards the upside, the immediate resistance is at the MYR3.50 mark, followed by the MYR3.80 level.
Source: RHB Securities Research - 24 Feb 2020
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