RHB Retail Research says Mega First Corporation Berhad formed a white candle yesterday, potentially marking the end of its 3-week retracement phase.
In a trading note, the research house says a positive bias may emerge above MY6.05, while the resistance levels are at MYR6.45 followed by MYR6.65.
“A stop-loss can be set below MYR6.00,” it says.