RHB Retail Research
Trading Stocks - Petra Energy
Petra Energy may rise higher after it breached above the MYR1.70 threshold. The stock has posted a long white candle and recoded a new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR1.72 level, with an exit set below the MYR1.55 threshold. Towards the upside, the immediate resistance is at the MYR2.00 level, followed by the MYR2.20 threshold.
Source: RHB Securities Research - 20 Nov 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
