Three-A Resources Bhd (3A, 0012)

• Share price closed 0.9% lower at RM1.14 on Thursday.

• 3A is trading on an uptrend mode since Sep 2021 and is currently trading above all its key moving averages.

• Backed by upticks in its indicators and buying momentum, 3A is poised to move higher.

• Resistance levels are identified at RM1.18 (R1) and RM1.20 (R2).

• On the flipside, support levels are pegged at RM1.10 (S1) and RM1.05 (S2).

Source: Rakuten Research - 25 Feb 2022