RHB Retail Research

Trading Stocks - AMMB Holdings

rhboskres
Publish date: Mon, 30 Aug 2021, 04:51 PM
rhboskres
0 9,021
RHB Retail Research

AMMB Holdings is firming up its recent uptrend reversal as it bounced off its immediate support (recent breakout level) on strong trading volume. If it remains above the immediate support level of MYR2.99, the bullish momentum will boost the stock towards the next resistance of MYR3.19 before reaching the higher hurdle of MYR3.44. However, falling below the MYR2.94 support and forming a “lower low” pattern may see it fall to lower levels.

Source: RHB Securities Research - 30 Aug 2021

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment