RHB Retail Research
Trading Stocks - Malayan Flour Mills
Malayan Flour Mills exhibited signs of extending its uptrend yesterday, after it recently crossed above the 21-day SMA line. A positive bias may emerge above MYR0.55, with resistance levels pegged at MYR0.585, followed by MYR0.62. A stop-loss can be set below MYR0.55.
Source: RHB Securities Research - 11 Aug 2020
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