RHB Retail Research
Technical Analysis - Paramount Corporation
Paramount Corporation
Paramount Corporation was testing the MYR2.09 level in its latest session. A bullish bias may be present above this point with a target price of MYR2.30, followed by MYR2.50. The stock may take a breather if it cannot breach above the MYR2.09 mark in the near term. Support may be found at MYR1.97, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 30 Aug 2018
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