Mynews may rebound higher after it continued holding above the MYR0.83 support. This candle has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment. An upbeat bias may emerge above the MYR0.90 level, with an exit set below the MYR0.83 mark. Towards the upside, the immediate resistance is at the MYR1.02 level, followed by the MYR1.10 threshold.
Source: RHB Securities Research - 20 Apr 2020
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Created by rhboskres | Aug 26, 2024