RHB Retail Research
Trading Stocks - TA Ann Holdings
TA Ann Holdings set for an uptrend continuation as it bounced off its recent breakout level of MYR2.75 on strong trading volume. The long white candlestick formed last Friday suggests a follow-through price action eyeing the next resistance of MYR2.99, followed by MYR3.19 – which is its multi-year high. Meanwhile, falling below the MYR2.69 support would see the direction shift downwards.
Source: RHB Securities Research - 30 Aug 2021
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