Rakuten Trade Research Reports

Technical View - PT Resources Holdings Berhad

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Publish date: Wed, 12 Apr 2023, 09:09 AM
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PT Resources Holdings Berhad

  • Share price closed 5.10% higher at RM0.515 on Tuesday.
  • PTRB broke out from its resistance twice at RM0.50 and RM0.505 yesterday with improved buying volume. Coupled with bullish indicators showing uptick momentum, share price is expected to move higher.
  • Resistance levels are identified at RM0.545 (R1) and RM0.57 (R2).
  • On the flipside, support levels are pegged at RM0.475 (S1) and RM0.43 (S2).

Source: Rakuten Research - 12 Apr 2023

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