RHB Retail Research
Trading Stocks - Iskandar Waterfront Development
Iskandar Waterfront City is showing signs of staging a rebound following it multi-month retracement. A positive bias is expected to appear above MYR0.475, with resistance levels envisaged at MYR0.54 and MYR0.57. A downside breach of MYR0.475 would cancel this positive trading setup.
Source: RHB Securities Research - 9 Mar 2021
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