RHB Retail Research

Author: rhboskres   |   Latest post: Tue, 15 Jun 2021, 11:48 AM


Trading Stocks - PA Resources

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PA Resources is moving higher after breaking past its resistance level on strong volume. Since it has crossed above the 21-day SMA line, expect the bullish momentum to gather pace. If it manages to stay above MYR0.47, the momentum may lift it towards next resistance of MYR0.50, followed by MYR0.52. Conversely, breaching below the MYR0.45 support would cancel this expectation.

Source: RHB Securities Research - 1 Apr 2021

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Labels: PA

Related Stocks

Chart Stock Name Last Change Volume 
PA 0.435 -0.005 (1.14%) 10,242,100 

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