RHB Retail Research

Trading Stocks - Three-A Resources

rhboskres
Publish date: Wed, 20 Mar 2019, 05:15 PM
rhboskres
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RHB Retail Research

Three-A Resources may climb higher after posting another long white candle and leaving an upside gap. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR0.93 level, with an exit set below the MYR0.84 threshold. Towards the upside, the near-term resistance is at MYR1. This is followed by the MYR1.10 level.

Source: RHB Securities Research - 20 Mar 2019

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