Pertama Digital tried to break out from the resistance of MYR0.40, with a spike in trading volume. A surge in trading volume during the latest session suggests that underlying demand is increasing. If it continues to trade above the resistance level, expect the bullish momentum to reach the next resistance of MYR0.425, followed by MYR0.45. A downside breach of the MYR0.36 support level would see the downtrend resuming.
Source: RHB Securities Research - 12 Oct 2020
Created by rhboskres | Aug 26, 2024