BY K.M. Lee
AMMB Holdings
rebounded from the most recent low of RM5.45 on Nov 22 to achieve a high RM5.97 during intra-day session. Based on the daily chart, prices are likely to face significant resistance at the RM6.04 level, followed by the RM6.25 barrier, of which a successful penetration would signal a bullish reversal. Initial support is pegged at RM5.80.
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