RHB Retail Research
Technical Analysis - Pesona Metro
Pesona Metro
Pesona Metro may rise higher after recording a higher close vis-a-vis the previous sessions since 17 Aug. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR0.30 level, with an exit set below the MYR0.27 threshold. To the upside, the immediate resistance is at MYR0.335. This is followed by the MYR0.36 level.
Source: RHB Securities Research - 21 Aug 2018
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