RHB Retail Research
Trading Stocks - Ta Ann
Ta Ann is poised to test the immediate resistance level at MYR3.10. We noticed that, since the beginning of November, the stock has been rising in tandem with higher trading volumes. If the breakout does happen, we believe the stock will resume its prevailing bullish trend, climbing higher to test the next resistance level at MYR3.30 and followed by MYR3.60. This positive expectation should remain valid, provided the MYR3.00 support is not breached.
Source: RHB Securities Research - 7 Dec 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
