RHB Investment Research Reports
Trading Stocks - Annum
rhbinvest
Publish date: Fri, 15 Jul 2022, 09:29 AM
rhbinvest
0 3,552
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Annum is eyeing for a positive rebound above the 21-day average line after attempting to move above the MYR0.41 immediate resistance yesterday. If it closes above that level, the stock may climb further towards the next resistance point at MYR0.44 – the high of 8 Jul – before heading towards the MYR0.50 threshold. If Annum falls below the MYR0.37 support level, the stock may trend downwards – below the 21-day average line.
Source: RHB Securities Research - 15 Jul 2022
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