PCCS Group may rebound further after it tested MYR0.445 support recently. Given that it has formed a long white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.50 level, with an exit set below the MYR0.445 threshold. Towards the upside, the near-term resistance is at MYR0.565. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 25 Jun 2019
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Created by rhboskres | Aug 26, 2024