RHB Investment Research Reports

Trading Stocks - Gabungan AQRS

rhbinvest
Publish date: Thu, 17 Aug 2023, 05:59 PM
rhbinvest
0 3,592
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

Gabungan AQRS is set for an uptrend reversal as it rebounded strongly above the 21-day SMA line – breaking above the MYR0.32 level. If the breakout sustains, the stock is set to head towards the MYR0.35 resistance, followed by the MYR0.375 next resistance. A drop below the MYR0.29 support – forming a fresh “lower low” bearish pattern – would dent sentiment and spark a downtrend.

Source: RHB Securities Research - 17 Aug 2023

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment