RHB Retail Research
Trading Stocks - Axiata Group
Axiata Group was testing the MYR3.64 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR3.84, followed by MYR4.00. The stock may take a breather if it cannot breach above the MYR3.64 mark in the coming sessions. Support may be found at MYR3.35, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 8 Apr 2020
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