RHB Retail Research
Technical Analysis - A-Rank
A-Rank may rise higher after forming a white candle and leaving an upside gap. Yesterday’s white candle sent the stock to a 5-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.80 level, with an exit set below the MYR0.70 threshold. Towards the upside, the near-term resistance is at MYR0.90. This is followed by the MYR0.96 level.
Source: RHB Securities Research - 28 Sept 2018
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