RHB Retail Research
Technical Analysis - PIE Industrial
PIE Industrial charted a white candle in the latest trading and successfully crossed above the MYR1.64 resistance mark – marking the end of its sideways consolidation phase at around the 30-day SMA line. The immediate resistance is expected at MYR1.73, followed by MYR2.00.Traders may set a stop-loss below the MYR1.59 support level.
Source: RHB Securities Research - 19 Nov 2018
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