RHB Retail Research
Trading Stocks - Poh Kong
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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