Ancom Logistics is attempting to break away from its consolidation zone, testing the immediate resistance of MYR0.355 on higher trading volumes. If the stock climb above the immediate resistance level, a bullish bias will emerge. We expect a follow-through momentum to send the stock higher at MYR0.41, followed by MYR0.46. Meanwhile, falling below the MYR0.31 support may see negative momentum emerge.
Source: RHB Securities Research - 22 Jul 2021
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhboskres | Aug 26, 2024