PCCS Group shot up and formed a long white candle in its lastest session. With an RSI level above 65%, it may continue to climb above the resistance price of RM0.49 and move towards the short-term target price of RM0.53 followed by RM0.57. The support price is anticipated at RM0.45, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy on continuation above RM0.49
Target: RM0.53, RM0.57 (time frame: 3-6 weeks) Exit: RM0.45
Source: AmInvest Research - 10 Jan 2020
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Created by AmInvest | Nov 25, 2024