Rakuten Trade Research Reports
Technical View- Public Packages Holdings Bhd
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Publish date: Wed, 02 Dec 2020, 02:38 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Public Packages Holdings Bhd (8273)
• PPHB dropped 0.9% or 1 sen to RM1.10 yesterday.
• Technically speaking, share price is displaying strong buying momentum and saw bullish breakout on the back of higher trading volume. Recent surge has seen it currently attempting to re-test previous high and remains in upward trend.
• From here, resistance levels are identified at RM1.20 (R1) and RM1.40 (R2) level.
• Conversely, support levels are set at RM0.99 (S1) and RM0.86 (S2).
Source: Rakuten Research - 2 Dec 2020
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