RHB Retail Research

Trading Stocks - Malaysia Airports Holdings

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Publish date: Fri, 11 Feb 2022, 08:44 AM
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RHB Retail Research

Malaysia Airports Holdings is set to continue its recent rebound as it moved past the MYR6.17 immediate resistance on strong trading volume – printing a “higher high” bullish pattern. With that, the bulls are expected to climb towards the next resistance of MYR6.46, followed by MYR6.72. Conversely, falling below the MYR5.95 support will trigger selling pressure and reverse the momentum, thereby sparking a downtrend.

Source: RHB Securities Research - 11 Feb 2022

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