Ann Joo Resources may rebound further after it tested the MYR2.00 support recently. As it has formed a white candle for the third consecutive session, the positive sentiment has been enhanced. A bullish bias may emerge above the MYR2.15 level, with an exit set below the MYR2.00 level. Towards the upside, the immediate resistance is at MYR2.40. This is followed by the MYR2.76 level.
Source: RHB Securities Research - 11 Jun 2018
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Created by rhboskres | Aug 26, 2024