RHB Retail Research
Trading Stocks - Axis REIT
Axis REIT may rebound higher after it continued holding above the MYR1.94 support. With the 21-day SMA line edging upwards, this implies a positive outlook sentiment. An upbeat bias may emerge above the MYR1.94 level, with an exit set below the MYR1.94 mark. Towards the upside, the immediate resistance is at the MYR2.05 level, followed by the MYR2.10 threshold.
Source: RHB Securities Research - 10 Mar 2020
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