RHB Retail Research

Trading Stocks - Pecca Group

rhboskres
Publish date: Fri, 10 May 2019, 05:55 PM
rhboskres
0 9,021
RHB Retail Research

Pecca Group may move higher after it continued holding above the MYR1.04 support. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR1.04 level, with an exit set below the MYR1.04 threshold. Towards the upside, the near-term resistance is at MYR1.13. This is followed by the MYR1.20 level.

Source: RHB Securities Research - 10 May 2019

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