RHB Retail Research
Trading Stocks - Astro
Astro is showing signs of extending its rebound after hitting a low of MYR1.28 in end-August. It is currently testing the 30-day SMA line. A positive bias may emerge above MYR1.32 support level with a stop-loss below the same level. Towards the upside, resistance points are expected to emerge at MYR1.45, followed by MYR1.60
Source: RHB Securities Research - 18 Sept 2019
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