RHB Retail Research
Trading Stocks - Astro Malaysia
Astro Malaysia may rebound higher after it continued holding above the MYR0.92 support. Given that it formed a white candle for the third consecutive session, the positive sentiment has been enhanced. An upbeat bias may emerge above the MYR0.98 level, with an exit set below the MYR0.92 mark. Towards the upside, the immediate resistance is at the MYR1.09 level, followed by the MYR1.14 threshold.
Source: RHB Securities Research - 8 May 2020
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