Ranhill may climb higher after it breached above the MYR0.91 threshold. Yesterday’s candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR0.91 level, with an exit set below the MYR0.875 mark. Towards the upside, the immediate resistance is at the MYR1.00 level, followed by the MYR1.06 threshold.
Source: RHB Securities Research - 4 Apr 2020
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Created by rhboskres | Aug 26, 2024