RHB Retail Research
Trading Stocks- Ta Ann Holdings
Ta Ann is trading above the multi-week uptrend line, which coincides with the rising 21-day SMA line. Towards the upside, a breach of the MYR2.52 resistance may see the stock test the following resistance marks of MYR2.60, followed by MYR2.70. A stop-loss can be placed below MYR2.43.
Source: RHB Securities Research - 16 Jun 2020
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