Follow Us

Ann Joo set to trade higher, says RHB Retail Research

2021-10-12T23:10:11+08:00October 12th, 2021|0 Comments
-A +A

KUALA LUMPUR (Oct 13): RHB Retail Research said Ann Joo Resources Bhd is set to trade higher as it surpassed the immediate resistance of RM2.73 with improved volume – forming a “White Marubozu” candlestick.

In a trading stocks note today, the research house said bullish momentum above that level is expected to follow through to propel the stock towards the RM2.99 resistance, followed by RM3.18 – its 52-week high.

“Meanwhile, if it falls beneath the RM2.59 support, the momentum might be reversed,” it said.

Read More

Leave A Comment