RHB Retail Research
Trading Stocks - AppAsia
AppAsia may rebound higher after it continued holding above the MYR0.115 support. As the stock recently rose above the 21-day SMA line, this indicates a positive sign. An upbeat bias may emerge above the MYR0.13 level, with an exit set below the MYR0.115 mark. Towards the upside, the immediate resistance is at the MYR0.17 level, followed by the MYR0.185 threshold.
Source: RHB Securities Research - 8 Apr 2020
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