RHB Retail Research
Trading Stocks - Malaysia Airports Holdings
Malaysia Airports Holdings has resumed its uptrend above the MYR6.15 breakout level recently on significant trading volume – forming a “higher high” bullish setup. If it stays above the immediate support of MYR6.15 the positive momentum may drive the stock towards its 52-week high at MYR6.83 followed by a higher hurdle at MYR7.06. In the event it falls below the MYR6.00 support, this expectation would be void.
Source: RHB Securities Research - 26 Aug 2021
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