RHB Retail Research
Technical Analysis - Paramount Corporation
Paramount may move higher after it continued holding above the MYR2.02 support. As it has formed a long white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.14 level, with an exit set below the MYR2.02 threshold. To the upside, the near-term resistance is at MYR2.40. This is followed by the MYR2.50 level.
Source: RHB Securities Research - 4 Oct 2018
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