3A may rebound further, says RHB Retail Research
KUALA LUMPUR (Feb 7): RHB Retail Research said Three-A Resources Bhd may rebound further after it tested the 79.5 sen support lately.
In a trading stocks note today, the research house said given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced.
“A bullish bias may emerge above the 83 sen level, with an exit set below the 79.5 sen threshold.
“Towards the upside, the immediate resistance is at 88 sen. This is followed by the 90.5 sen level,” it said.
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