RHB Retail Research
Trading Stocks - Petronas Chemicals Group
Petronas Chemicals Group may rebound further after it tested MYR8.20 support recently. Last Friday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR8.20 level, with an exit set below the MYR8.20 threshold. Towards the upside, the near-term resistance is at MYR8.68. This is followed by the MYR8.95 level.
Source: RHB Securities Research - 10 Jun 2019
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