RHB Retail Research

Trading Stocks - TA Ann Holdings

rhboskres
Publish date: Mon, 31 Jan 2022, 08:51 AM
rhboskres
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RHB Retail Research

TA Ann Holdings is set for an uptrend rebound as it crossed above the immediate resistance of MYR3.39 on strong trading volume on Friday. If it sustains above that level, expect the stock to propel towards the 52-week high at the MYR3.54 mark, then MYR3.70. In the event it drops below the MYR3.30 support, the stock may resume its downtrend, printing a “lower low” bearish pattern.

Source: RHB Securities Research - 31 Jan 2022

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