RHB Retail Research says Sarawak Cable Berhad tested the MYR0.32 resistance in the latest trade, extending its recent upward move off the 200-day SMA line.
In a trading note, the research house says a positive bias may emerge above MYR0.32 with resistance marks pegged at MYR0.35 followed by MYR0.365.
“A stop-loss can be placed below MYR0.305,” it says.
