RHB Retail Research
Trading Stocks - Ahmad Zaki Resources
Ahmad Zaki Resources has been undergoing a consolidation phase over the past week. Towards the upside, a breach of the MYR0.245 point would likely mark the end of the consolidation phase, and the stock’s rebound may be extended thereafter. Subsequent resistance levels are eyed at MYR0.26 and MYR0.275. A downside breach of MYR0.235 would cancel this bias.
Source: RHB Securities Research - 30 Nov 2020
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