RHB Retail Research
Technical Analysis - Ann Joo Resources
Ann Joo Resources was testing the MYR1.26 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.36, followed by MYR1.43. The stock may take a breather if it cannot breach above the MYR1.26 threshold in the near term. Support may be found at MYR1.15, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 20 Dec 2018
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