RHB Retail Research says MNRB Holdings Berhad continued to extend its recent rebound following the re-testing of the 21-day SMA line. It crossed above the MYR0.775 resistance in the latest trade.
In a trading note, the research house says a positive bias may emerge above this point, with resistance levels eyed at MYR0.82, followed by MYR0.85.
“A stop-loss can be set below MYR0.775,” it says.
