Malaysia Airports may decline further after closing below the eight-month support of RM5.40. A position can be liquidated on another close below RM5.40 and supports are expected at prior lows of RM5.00 and RM4.50. The stock may however rebound if it fails to stay below RM5.40, but negative bias is only nullified by a close above RM5.80.
Source: OSK
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