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KUALA LUMPUR (Nov 29): RHB Retail Research said Mah Sing Group Bhd is attempting to extend its technical rebound.
In a trading stocks note on Monday (Nov 29), the research house said trading volume has picked up recently, which indicates that buying pressure is building up.
“If the stock climbs above the immediate resistance of 74 sen, a bullish bias could emerge. It may travel higher towards the next resistance of 77 sen, followed by 80 sen.
“Meanwhile, breaching below the 71.5 sen support may nullify this expectation,” it said.
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Looking for property? Check out Location Scan, where we summarize all available options and facts you need in a few clicks. We have updated the tool to include MRT3 stations too.
Curious how much you can borrow? Use LoanCheck to get your maximum loan eligibility from various banks, or LoanReport to get a FREE CTOS/CCRIS credit report.
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