RHB Retail Research
Trading Stocks - Three-A Resources
Three-A Resources may climb higher after hitting its highest close in more than two months. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.88 level, with an exit set below the MYR0.85 threshold. Towards the upside, the near-term resistance is at MYR0.95. This is followed by the MYR0.985 level.
Source: RHB Securities Research - 24 Jul 2019
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