RHB Retail Research
Trading Stocks - Ta Ann
Ta Ann is poised to extend its uptrend. With trading volume increasing lately, the stock is ready to challenge the immediate resistance level marked at MYR2.94. If it crosses the threshold, we expect it to trend higher and test the next resistance level at MYR3.00, followed by MYR3.15. This positive expectation should remain valid, provided it does not breach the MYR2.83 support.
Source: RHB Securities Research - 26 Feb 2021
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