RHB Retail Research
Trading Stocks - Puncak Niaga
Puncak Niaga was testing the MYR0.36 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.385, followed by MYR0.405. The stock may consolidate further if it cannot surpass the MYR0.36 threshold decisively in the coming sessions. Support may be found at MYR0.33, where traders can exit upon a breach to limit the downside risk
Source: RHB Securities Research - 8 Jul 2019
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