Berjaya Sports Toto was testing the MYR2.34 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR2.45, followed by MYR2.58. The stock may consolidate further if it cannot breach above the MYR2.34 mark in the coming sessions. Support may be found at MYR2.25, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 5 May 2020
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Created by rhboskres | Aug 26, 2024