Prestariang has likely completed its correction phase, with the retesting of the easing 21-day SMA line recently. Towards the upside, a positive bias may emerge above MYR0.43, with resistance levels expected at MYR0.49, followed by MYR0.52. A stop-loss can be set below MYR0.43.
Source: RHB Securities Research - 6 Jul 2020
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