RHB Investment Research Reports
Trading Stocks - Pan Malaysia Holdings
rhbinvest
Publish date: Wed, 11 Sep 2024, 10:25 AM
rhbinvest
0 4,414
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Pan Malaysia Holdings is looking to extend its upside movement after breaking past the immediate resistance. The stock has climbed above MYR0.375 to chart a fresh “higher high” bullish candlestick, showing that strong bullish momentum is underway. Riding on this momentum, the stock should travel towards MYR0.41, followed by MYR0.44. A fall below the MYR0.34 support level would open the door for a correction.
Source: RHB Securities Research - 11 Sept 2024
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