RHB Investment Research Reports
Trading Stocks - Ta Ann Holdings
rhbinvest
Publish date: Tue, 12 Mar 2024, 10:48 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
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
Ta Ann Holdings is confirming its major uptrend reversal after breaking past the key resistance of MYR3.90 on high volume. The stock resumed its uptrend yesterday to print a fresh 52- week high of MYR4.30 (an immediate resistance level), followed by MYR4.90. On the other hand, breaching below the MYR3.60 support would negate the bullish set-up.
Source: RHB Securities Research - 12 Mar 2024
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