RHB Retail Research
Trading Stocks - Gabungan AQRS
Gabungan AQRS may resume its uptrend after finding support with strong volume, aside from forming a “higher low” uptrend structure yesterday. If it manages to stay above the MYR0.68 level, the positive momentum may drive it towards the next resistance marked at MYR0.725, followed by MYR0.755. If the support level of MYR0.66 is breached – breaking below the 21 day SMA line – this expectation would be cancelled.
Source: RHB Securities Research - 12 Apr 2021
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