Malaysian Resources Corporation is set to climb higher as it broke past the immediate resistance of MYR0.51 on stronger trading volume. If the breakout sustains, the bullish momentum may propel the stock towards the next resistance levels at MYR0.57, followed by MYR0.60. Conversely, a fall below the MYR0.465 support would lead the stock to a bearish phase.
Source: RHB Securities Research - 16 Jan 2024
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhbinvest | Nov 14, 2024
Created by rhbinvest | Nov 14, 2024