RHB Retail Research
Trading Stocks - Gabungan AQRS
After hitting a multi-year low on the back of weakened momentum in February, Gabungan AQRS is developing a rebound. After retesting the 21-day SMA line, it is showing signs of extending the said rebound. A positive bias is expected above MYR0.62, with resistance points pegged at MYR0.695 and MYR0.75. This bias would be void if the MYR0.62 support level fails.
Source: RHB Securities Research - 3 Mar 2021
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