Supportline By FONG MIN YUAN

TheStar Thu, May 18, 2023 12:00am - 11 months View Original


MAHB

Malaysia Airports Holdings Bhd rose yesterday to resume a rally on robust momentum.

Trading volume on the stock hit a two-week high amid the return of buying interest. Having cleared the immediate support, the share is aiming for a higher target of RM7.80, following which stronger resistance is seen at RM8.50.

The slow-stochastic has risen to 76 points while the 14-day relative strength index (RSI) made a sharp jump to 77 points.

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