RHB Retail Research

Trading Stocks - Malaysia Airports

rhboskres
Publish date: Fri, 14 Aug 2020, 06:56 PM
rhboskres
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RHB Retail Research

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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