RHB Retail Research
Trading Stocks - Malaysia Airports
Malaysia Airports has been trading in a sideways pattern over the past one month. The latest session saw the stock crossing above the 21-day SMA line and closing to test the MYR5.35 resistance. A positive bias may emerge above this point with resistance levels eyed at MYR5.50, and followed by MYR5.70. A stop-loss can be set below MYR5.22.
Source: RHB Securities Research - 14 Aug 2020
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