KUALA LUMPUR (Feb 26): RHB Retail Research said Ta Ann Holdings Bhd is poised to extend its uptrend.
In its trading stocks note today, the research house said with trading volume increasing lately, the stock is ready to challenge the immediate resistance level marked at RM2.94.
“If it crosses the threshold, we expect it to trend higher and test the next resistance level at RM3, followed by RM3.15.
“This positive expectation should remain valid, provided it does not breach the RM2.83 support,” it said.