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AGX Group Eyes Trend Reversal
AGX appears poised for a breakaway from its current downtrend, with continued improvement in both momentum and trend anticipated in the near term. Should the immediate resistance level of RM0.545 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.580. AGX Group However, failure to hold on to support level of RM0.455 may indicate…
Smart Asia Chemical Eyes Sideways Breakout
KUALA LUMPUR: Two Malaysian stocks are drawing technical attention as potential buys. Smart Asia Chemical Bhd (0306), a manufacturer of decorative paints, protective coatings and related products under brands like Smart Paints and Durra Paints, appears ready to exit its sideways channel. Smart Asia Chemical Analysts anticipate improving momentum and trend, with a break above RM0.210 resistance…
