RHB Investment Research Reports

Trading Stocks - Pan Malaysia Holdings

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Publish date: Wed, 11 Sep 2024, 10:25 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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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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