KUALA LUMPUR (Nov 9): RHB Retail Research said Eversendai Corporation Bhd was testing the 53 sen level in its latest session. In a trading stocks note today, the research house said a bullish bias may be present above this point with a target price of 60 sen.“The stock may turn sideways if it cannot breach the 53 sen mark in the near term. “In this scenario, support may be found at 49 sen, where traders can exit upon a breach to avoid the risk of a further correction,” it said.
Source: The Edge Markets November 09, 2016 00:55 UTC