RHB Retail Research
itle: Trading Stocks - Ranhill
Ranhill may rebound higher after it continued holding above the MYR0.82 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. An upbeat bias may emerge above the MYR0.87 level, with an exit set below the MYR0.82 mark. Towards the upside, the immediate resistance is at the MYR0.96 level, followed by the MYR1.03 threshold.
Source: RHB Securities Research - 24 Mar 2020
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