RHB Retail Research
Trading Stocks- MNRB Holdings
MNRB continued to extend its recent rebound following the re testing of the 21-day SMA line. It crossed above the MYR0.775 resistance in the latest trade. A positive bias may emerge above this point, with resistance levels eyed at MYR0.82, followed by MYR0.85. A stop-loss can be set below MYR0.775.
Source: RHB Securities Research - 13 Jul 2020
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