Anzo showing signs of developing a rebound, RHB Retail Research says

Anzo showing signs of developing a rebound, RHB Retail Research says
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KUALA LUMPUR (July 29): RHB Retail Research said Anzo Holdings Bhd was showing signs of developing a rebound as it crossed above the 14.5 sen  resistance in the latest session.

In a trading stocks note today, the research house said a positive bias may emerge above this point, with resistance levels at 18 sen, followed by 20 sen.

“A stop-loss can be set below 14.5 sen,” it said.