Malakoff Corporation – Possible for further recovery

MALAKOF is expected to recover, with potential price increases if it surpasses RM0.880; failure to hold RM0.790 signals weakness.

By Staff Writer · April 7, 2026 · 1 min read

MALAKOF appears poised to stage stronger recovery, with continued improvement in both momentum and trend anticipated in the near term.

Malakoff

Should immediate resistance level of RM0.880 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.920.

“However, failure to hold on to support level of RM0.790 may indicate weakness in the share price and hence, a cut-loss signal,” says Public Investment Bank.