Support: RM0.265 (S1), RM0.250 (S2)

Resistance: RM0.285 (R1), RM0.295 (R2)

ARBB had a huge spike in terms of volume and share price on 16^th August 2021, which rebounded strongly from S2 to breaching S1 – a support turned resistance and closed at R1. The share price of the company remains buoyant with supported interest on S1.

As of now, MA20 and MA60 had a golden cross on 2^nd September 2021. BB remains neutral-positive and share price should wonder around S1 and R1 before breaking out to challenge S2.

Recommended EP: RM0.255 / RM0.260

TP: RM0.295 (16% / 13% upside)