RHB Retail Research
Trading Stocks- PCCS Group
PCCS Group attempted to extend the upward move, testing the 1-year high resistance level of MYR0.535. As trading volume has risen in recent sessions, we believe the bullish momentum will prevail and the stock will break out from the resistance soon. If this happens, the next resistance level is set at MYR0.57, followed by MYR0.62. Meanwhile, a downward breach of the MYR0.48 support should negate this expectation.
Source: RHB Securities Research - 28 Oct 2020
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