AGX is posing a bullish setup after breaking past the key resistance. Last Friday, the stock climbed above the MYR0.31 resistance. It is now trading above the 21-day SMA line – showing the bulls have the technical advantage now. After the bullish breakout, the stock should travel towards the next resistance at MYR0.345, followed by MYR0.38. Meanwhile, breaching below the MYR0.28 support will resume the bearish phase.
Source: RHB Securities Research - 29 Apr 2024
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhbinvest | Nov 07, 2024