RHB Retail Research
Trading Stocks - Mega First Corporation
Mega First Corp may rise higher after it breached above the MYR4.50 threshold. Yesterday’s white candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR4.50 level, with an exit set below the MYR4.20 mark. Towards the upside, the immediate resistance is at the MYR4.90 level, followed by the MYR5.60 threshold.
Source: RHB Securities Research - 7 Apr 2020
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