RHB Retail Research
Trading Stocks - Axiata
Axiata formed a white candle to cross above the 21-day SMA line, after it recently tested its multi-year low of MYR3.01. A positive bias may emerge above MYR3.10 with resistance points eyed at MYR3.28 and MYR3.50. A downside breach of MYR3.10 would nullify this positive bias.
Source: RHB Securities Research - 9 Sept 2020
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