RHB Retail Research
Trading Stocks - Tasco
Tasco is poised to rebound upwards as it bounced off after hitting the MYR1.16 immediate resistance yesterday – just above the 21-day average line. If it manages to surpass above the resistance level, the bulls may climb towards the MYR1.25 immediate resistance, followed by the MYR1.35 mark. However, falling below the MYR1.09 support – below the 21- day average line – may see the stock descending further.
Source: RHB Securities Research - 14 Dec 2021
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