Press Metal Aluminium Holdings is set to propel northwards after crossing the MYR6.57 immediate resistance yesterday - forming a “higher high” bullish pattern. If the bullish momentum persists, the stock may travel towards the next resistance of MYR6.92, followed by MYR7.10. If it falls below the support level of MYR6.35, the stock will likely move downwards, as it forms a “lower low” bearish structure.
Source: RHB Securities Research - 15 Apr 2022
Chart | Stock Name | Last | Change | Volume |
---|