RHB Investment Research Reports

Trading Stocks - AGX

rhbinvest
Publish date: Mon, 29 Apr 2024, 10:25 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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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

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