RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 13 Jan 2021, 6:16 PM


Trading Stocks - ARB Berhad

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ARB experienced a sharp rebound off the MYR0.28 support threshold intraday, and in the process, tested the MYR0.315 resistance – this coincided with the multi-month downtrend line. A positive bias may appear above MYR0.315 with resistance levels expected at MYR0.335 and MYR0.37. A downside breach of MYR0.305 would cancel this forecast.

Source: RHB Securities Research - 30 Nov 2020

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Labels: ARBB

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Chart Stock Name Last Change Volume 
ARBB 0.275 +0.01 (3.77%) 23,707,500 

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