RHB Retail Research
Trading Stocks - MRCB
MRCB attempted to extend its rebound over the past two sessions, but was capped by the MYR0.465 resistance. A breach of this level would likely to see the stock swing towards MYR0.50, followed by MYR0.53. This bias would be negated if the MYR0.455 support level were breached.
Source: RHB Securities Research - 24 Nov 2020
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