RHB Retail Research
Trading Stocks - Ta Win Holdings
Ta Win Holdings is poised for a technical rebound after a recent pullback towards the support level. The bullish momentum remains valid, as long it stays above the MYR0.15 support level (previous breakout level). Coupled with the “higher low” price formation, the stock may test the MYR0.18 resistance, followed by MYR0.19. Meanwhile, falling below the MYR0.13 support level would cancel this expectation.
Source: RHB Securities Research - 1 Jun 2021
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