RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 5 Dec 2019, 5:08 PM


Trading Stocks - Press Metal Aluminium

Author:   |    Publish date:

Press Metal Aluminium formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s candle can be viewed as a continuation of the bulls extending the rebound from 15 May’s “Bullish Engulfing” pattern. A bullish bias may appear above the MYR4.34 level, with an exit set below the MYR4.16 threshold. Towards the upside, the near-term resistance is at MYR4.60. This is followed by the MYR4.80 level.

Source: RHB Securities Research - 30 May 2019

Share this
Labels: PMETAL

Related Stocks

Chart Stock Name Last Change Volume 
PMETAL 4.71 0.00 (0.00%)

  Be the first to like this.



Top 10 Active Counters
 SCOMNET 0.7550.00 
 KOTRA 1.810.00 
 UCREST 0.1450.00 
 PINEAPP 0.320.00 
 PUC 0.050.00 
 WILLOW 0.510.00 
 POS-C37 0.0450.00 
 IRIS 0.140.00 
 BTECH 0.220.00 
 3A 0.7450.00 


1. Leveraged & Inverse ETF CMS
Partners & Brokers