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THREE-A RESOURCES BHD 3A (0012)

1.150 0.000 (0.00 %)

High: 1.170     Low: 1.150     Vol: 45,000 Average Vol: 5,941

last updated: 18-Oct-2017 4:56 PM

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[3A] 3A

3A has really moved up since the private placement of about 66mln shares to Wilmar Corp S'pore. From rm0-80 to about rm1-80 the highest within a short timeframe of about 30 days.
It had, since then, moved down due to the FBM KLCI index hitting a resistance level at 1272.
I think, this stock should move up above rm2-00 should the KLCI hit 1300.
What do you guys think?
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Seems like interest is picking up again. Expect to encounter resistance as it approaches it's previous high and would have to take out its previous high at 1.77 before it has a chance at 2.00.
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Agree, its a utterly exciting stock to watch
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[3A] 3a

good earnings. Pretty recession proof given that it is consumer base stk.waiting for breakout to move further.. Any comments??
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Yes, technically speaking no signal to suggest the stock is going to make a move yet.
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