Malaysian Flour Analysis Stock Code: 3662 MFLOUR has experienced a breakout above the RM1.32 level with high volumes. The MACD Indicator has expanded positively above zero, while the RSI is overbought. Price may rally towards the RM1.42 and RM1.55 levels after a short consolidation. Support will be pegged around the RM1.28 level . source: Malacca Securities Research 18/07/16 MALAYAN
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