RHB Retail Research
Trading Stocks - Peterlabs
Peterlabs recently retested the MYR0.235 level, a crucial resistance-turned-support level, and it is showing signs of rebounding from that level. A positive bias may appear above this point with resistance levels eyed at MYR0.255 followed by MYR0.27. A downside breach of MYR0.235 support would cancel this thesis.
Source: RHB Securities Research - 24 Sept 2020
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