RHB Retail Research
Trading Stocks - Mynews
Mynews may rebound higher after it continued holding above the MYR0.575 support. Given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. An upbeat bias may emerge above the MYR0.65 level, with an exit set below the MYR0.575 mark. Towards the upside, the immediate resistance is at the MYR0.80 level, followed by the MYR0.88 threshold.
Source: RHB Securities Research - 2 Apr 2020
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