Pertama Digital may climb higher as it attempted to move past the sideways consolidation phase of MYR0.875 on Tuesday, and printed a positive momentum yesterday. If it pushes above that level – forming a “higher high” bullish pattern – the bulls may bring the stock towards the resistance level of MYR0.925, followed by MYR1.00. However, the momentum may lose steam if it falls below the MYR0.815 support, printing a “lower low” bearish structure.
Source: RHB Securities Research - 18 Mar 2022
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Created by rhbinvest | Apr 23, 2024