Stock Picks: Axiata and Hartalega

Quick Summary:

The stock has displayed encouraging price action, climbing above the 21-day Simple Moving Average (SMA), which signals that bullish momentum is building.

RHB notes that Axiata is attempting to extend its counter-trend rebound and is testing immediate resistance with a bullish candlestick.

If Axiata breaks above the MYR1.

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Author / Journalist: Carrine Yem

Category: InvestingBusiness

Markets: Malaysia

Topics: Stock picks Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 00:53:53 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27578355

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About Business Today

Main Topics: InvestingBusiness

Official Website: businesstoday.com.my

Update Frequency: 2 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 20 hours ago

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