RHB Retail Research

Trading Stocks - Poh Kong

rhboskres
Publish date: Mon, 09 Nov 2020, 10:49 AM
rhboskres
0 9,021
RHB Retail Research

Poh Kong is showing potential signs of developing a rebound or a positive trend reversal. It formed an “Upside Gap” on strong volume, to cross above the 21-day SMA line in the latest session. A positive bias may appear above MYR0.82, with resistance points pegged at MYR0.88 and MYR0.91. A downside breach of MYR0.82 would nullify this positive case.

Source: RHB Securities Research - 9 Nov 2020

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