RHB Retail Research
Trading Stocks - Syarikat Takaful Malaysia Keluarga
Syarikat Takaful Malaysia Keluarga has been developing a sideways consolidation phase over the past week, following its prior sharp upward move. An upside breach of MYR5.08 would mark the end of this consolidation phase, and may lead to the stock travelling towards the next resistance levels of MYR5.50 and MYR5.65. A downside breach of MYR4.88 would negate this positive thesis.
Source: RHB Securities Research - 16 Mar 2021
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