Kenanga Research & Investment
Highlights / Stock Picks of the Day - Astro Malaysia Holdings Berhad ("ASTRO”) – Not Rated
ASTRO turned bullish in the last trading hour to gain 3 sen at RM3.03. On the daily chart, ASTRO has formed a bullish “Hammer” reversal candlestick pattern. Hence, we believe the stock is poised to rebound from last week heavy sell-off. Nevertheless, we suggest that traders wait for a further bullish candlestick to confirm the follow-through momentum before entering into a trade.
Source: Kenanga
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