Ta Win poised to retest recent high, says RHB Retail Research

TheEdge Wed, Sep 01, 2021 07:33am - 2 years View Original


KUALA LUMPUR (Sept 1): RHB Retail Research said Ta Win Holdings Bhd is poised to retest its recent high as it attempted to breach the immediate resistance level of 17 sen on strong trading volume.

In a trading stocks note today, the research house said premised on the latest white body candlestick, a bullish bias could emerge if the stock breaches above that level.

“If that happens, expect a follow-through price action to test the next resistance of 19 sen, followed by 20 sen.

“Meanwhile, falling below the 15.5 sen support would see the direction shift downwards,” it said.

 

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