RHB Retail Research
Trading Stocks - AMMB Holdings
AMMB Holdings is staging for a technical breakout as it attempted to breach the immediate resistance of MYR3.25 yesterday – coupled with improved volume. If a breakout happens above that level, the positive momentum may propel the stock towards the immediate resistance of MYR3.35, then MYR3.70. Conversely, falling below the MYR3.08 support will nullify this expectation.
Source: RHB Securities Research - 13 Oct 2021
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