RHB Retail Research

Trading Stocks - Awanbiru Technology

rhboskres
Publish date: Fri, 24 Sep 2021, 04:39 PM
rhboskres
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RHB Retail Research

Awanbiru Technology is staging an uptrend above its sideways consolidation level, as it broke past the MYR0.875 threshold yesterday, on improved trading volume – printing a long white candlestick. The positive momentum is expected to continue above that level towards the MYR0.94 level, followed by the MYR1.00 psychological level. Conversely, falling below the MYR0.81 support will cancel this expectation.

Source: RHB Securities Research - 24 Sept 2021

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