RHB Investment Research Reports

Trading Stocks - Astro Malaysia Holdings

Publish date: Thu, 13 Jun 2024, 10:41 AM
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Astro Malaysia Holdings is poised to trend higher after climbing to test the MYR0.39 immediate resistance with high volume. If the breakout happens, the bullish momentum may propel the stock towards the immediate resistance of MYR0.44, followed by the next resistance at MYR0.475. However, a fall below the MYR0.36 support would reverse the momentum as the counter would be trading below the SMA line.

Source: RHB Securities Research - 13 Jun 2024

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