RHB Retail Research
Trading Stocks - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful Malaysia Keluarga’s upside move may continue after it recently rose above the 21-day SMA line. This upward momentum is likely to continue, given that it has formed a second consecutive white candle. An upbeat bias may emerge above the MYR4.20 level, with an exit set below the MYR3.83 mark. Towards the upside, the immediate resistance is at the MYR4.80 level, followed by the MYR5.18 threshold.
Source: RHB Securities Research - 15 Apr 2020
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