RHB Retail Research
Trading Stocks - Pecca Group
Pecca Group may rise higher after it formed a second consecutive white candle. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR1.11 level, with an exit set below the MYR1.05 threshold. Towards the upside, the immediate resistance is at MYR1.20. This is followed by the MYR1.30 level.
Source: RHB Securities Research - 25 Jun 2019
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