RHB Retail Research
Trading Stocks - Sarawak Cable
Sarawak Cable tested the MYR0.32 resistance in the latest trade, extending its recent upward move off the 200-day SMA line. A positive bias may emerge above MYR0.32 with resistance marks pegged at MYR0.35 followed by MYR0.365. A stop-loss can be placed below MYR0.305.
Source: RHB Securities Research - 9 Jul 2020
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