RHB Retail Research

Technical Analysis - PMB Technology

rhboskres
Publish date: Thu, 31 May 2018, 09:28 AM
rhboskres
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RHB Retail Research

PMB Technology

PMB Technology may move higher after it continued holding above the MYR3.00 support. As the stock marked a higher close vis-à-vis the previous session, this has enhanced the buying momentum. A bullish bias may appear above the MYR3.00 level, with an exit set below the MYR3.00 threshold. Towards the upside, the near-term resistance is at MYR3.60. This is followed by the MYR4.00 level.

Source: RHB Securities Research - 31 May 2018

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