Three-A Resources’ upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s white candle can be viewed as a continuation of the bulls extending the buying momentum from 19 Mar’s upside gap. A bullish bias may emerge above the MYR0.92 level, with an exit set below the MYR0.885 threshold. Towards the upside, the immediate resistance is at MYR1.00. This is followed by the MYR1.05 level.

Source: RHB Securities Research - 26 Mar 2019