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RHB Retail Research

Author: rhboskres   |   Latest post: Wed, 19 Jun 2019, 5:29 PM

 

Trading Stocks - Pharmaniaga

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Pharmaniaga may rebound further after it tested MYR2.00 support in recent session. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR2.08 level, with an exit set below the MYR2.00 threshold. Towards the upside, the near-term resistance is at MYR2.27. This is followed by the MYR2.40 level.

Source: RHB Securities Research - 18 Apr 2019

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Labels: PHARMA

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