RHB Retail Research
Trading Stocks - Press Metal Aluminium
Press Metal Aluminium formed a long white candle, indicating that the momentum of buying could be strong. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR4.87 level, with an exit set below the MYR4.73 mark. Towards the upside, the immediate resistance is at the MYR5.20 level, followed by the MYR5.70 threshold.
Source: RHB Securities Research - 9 Jan 2020
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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....
