PIE Industrial galloped north on the back of high trading volume, breaking past the resistance level of MYR1.77. With strong trading interest, we think that the bullish momentum will extend higher and test next resistance level of MYR1.90, followed by MYR1.97. A downside breach of the MYR1.70 support level would nullify this expectation
Source: RHB Securities Research - 28 Oct 2020
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Created by rhboskres | Aug 26, 2024