Mega First Corporation is showing signs of sustaining its breakout from the multi-month downtrend line, which implies that it has a good chance of extending this climb. A positive bias may appear above MYR7.30, with resistance points set at MYR7.59 and MYR7.80. This positive bias could be negated if the MYR7.30 support is breached.
Source: RHB Securities Research - 18 Nov 2020
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Created by rhboskres | Aug 26, 2024