RHB Retail Research

Technical Analysis - Paramount Corp

rhboskres
Publish date: Mon, 12 Nov 2018, 08:54 AM
rhboskres
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RHB Retail Research

Paramount may rebound higher after it continued holding above the MYR2.00 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR2.00 level, with an exit set below the MYR2.00 threshold. Towards the upside, the near-term resistance is at MYR2.15. This is followed by the MYR2.24 level.

Source: RHB Securities Research - 12 Nov 2018

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thanaraj

Price of Paramount share is dangling around RM2.00. It is a good share for investors short time and long times. The current dividend is attractive at around DY = 4.0 % which is more than your investment in Bank FD which is only around 3.4% pa. The CEO is a well known banker.Is has just announced a bonus offer at 2 for every 5 shares held by you. Hence I recommend investors to buy this share. Yr comments please. Investor.

2019-03-18 18:43

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