RHB Retail Research
Trading Stocks - Mah Sing Group
Mah Sing Group may rebound further after it tested the MYR0.63 support in its latest session. Last Friday’s white candle has engulfed the prior one to form a “Bullish Engulfing” pattern, implying a potential rebound. A positive bias may emerge above the MYR0.65 level, with an exit set below the MYR0.63 threshold. Towards the upside, the immediate resistance is at the MYR0.71 mark, followed by the MYR0.74 level.
Source: RHB Securities Research - 2 Mar 2020
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