RHB Retail Research
Trading Stocks - Malaysia Airports Holdings
Malaysia Airports Holdings bounced off its support and tested its immediate resistance yesterday, indicating a potential rebound in the coming sessions. Coupled with strong volume, the stock may enter the bullish area if it breaches the MYR5.50 resistance level, before it touches the next resistance levels of MYR5.67 and MYR6.00. This expectation would be reversed if it drops below the MYR5.32 support level.
Source: RHB Securities Research - 28 May 2021
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