RHB Retail Research
Trading Stocks - Malaysia Building Society
Malaysia Building Society is set to move higher as it breached above the consolidation zone on stronger trading volume. The positive momentum that accelerated above the resistance turned-support level of MYR0.60 may boost the stock towards its recent high of MYR0.635, followed by the MYR0.67. If the stock falls below the MYR0.575 support, this expectation would be voided.
Source: RHB Securities Research - 12 Aug 2021
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