RHB Retail Research
Technical Analysis - PMB Technology
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PMB Technology may trend higher after it continued holding above the MYR3.10 support. As the stock rose above the 21- day SMA line, this has enhanced the positive sentiment. A bullish bias may appear above the MYR3.10 level, with an exit set below the MYR3.10 level. Towards the upside, the near term resistance is at MYR3.60. This is followed by the MYR4.00 level.
Source: RHB Securities Research - 6 Aug 2018
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