Asia Poly showing signs of resuming uptrend, says RHB Retail Research The Edge Markets


Source: theedgemarkets.com theedgemarkets.com

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- A + A KUALA LUMPUR (April 9): RHB Retail Research said Asia Poly Holdings Bhd is showing signs of resuming its uptrend after breaking past the resistance with strong volume. In a trading stocks note today, the research house said if the stock stays above the 21-day SMA line and resistance turn-support of 37 sen, the bullish momentum may lift the stock towards the next resistance level at 40 sen, followed by 42 sen. “Meanwhile, breaching below the 34.5 sen support – beneath 21-day SMA line, will negate this expectation and shall see the stock price moving south for...