RHB Retail Research
Trading Stocks - MY E.G. Services
MY E.G. Services has been developing a consolidation phase below the MYR1.60 resistance in recent sessions, following prior gains. A positive bias may appear above this threshold, with the following resistance points anticipated at MYR1.70 and MYR1.75. This positive forecast would be nullified if the MYR1.56 support is breached.
Source: RHB Securities Research - 2 Dec 2020
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