RHB Retail Research
Trading Stocks - PMB Technology
PMB Technology may rise higher after it breached above the MYR3.30 threshold. Yesterday’s candle sent the stock to its 11- week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR3.30 level, with an exit set below the MYR3.14 threshold. Towards the upside, the nearterm resistance is at MYR3.52. This is followed by the MYR3.73 level.
Source: RHB Securities Research - 2 Aug 2019
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