RHB Retail Research
Technical Analysis - Pecca Group
Pecca Group may move higher after it continued holding above the MYR0.695 support. This close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.765 level, with an exit set below the MYR0.695 threshold. Towards the upside, the near-term resistance is at MYR0.845. This is followed by the MYR0.89 level.
Source: RHB Securities Research - 23 Nov 2018
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