RHB Retail Research

Trading Stocks - PCCS Group

rhboskres
Publish date: Thu, 27 Jun 2019, 05:10 PM
rhboskres
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RHB Retail Research

PCCS Group formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s close sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.55 level, with an exit set below the MYR0.485 threshold. Towards the upside, the near-term resistance is at MYR0.65. This is followed by the MYR0.70 level.

Source: RHB Securities Research - 27 Jun 2019

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