RHB Retail Research
Trading Stocks - Astino
Astino surged up with higher trading volume, attempting to breakout from the immediate resistance level marked at MYR0.915. Recently, the stock is climbing higher increasing trading volume. If breakout happens, the positive momentum will lift it towards next resistance level pegged at MYR0.95 followed by MYR1.03. A downside breach of the MYR0.84 support level would nullify this expectation and see further share price correction.
Source: RHB Securities Research - 29 Dec 2020
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