RHB Retail Research
Trading Stocks - Malaysian Pacific Industries
Malaysian Pacific Industries is poised to record a multi-year high again, testing the resistance level of MYR20.84. As trading volume increased in tandem with its share price, we expect the bullish trend to extend towards the next resistance level of MYR21.30, followed by MYR22.10. This positive expectation should remain valid, provided the MYR20.00 support does not fail
Source: RHB Securities Research - 26 Oct 2020
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