RHB Investment Research Reports
Trading Stocks - Gabungan AQRS
rhbinvest
Publish date: Thu, 21 Sep 2023, 09:40 AM
rhbinvest
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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
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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 to surge to test the recent high as it bounced off the rising 21-day SMA line, thereby strengthening the bullish momentum above the previous breakout at MYR0.345. If the momentum persists, it may test the recent high at MYR0.405, followed by the next resistance at MYR0.465 – the highest level since 15 Apr 2022. Towards the downside, breaching below the MYR0.32 support will negate the bullish setup.
Source: RHB Securities Research - 21 Sept 2023
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