RHB Retail Research
Trading Stocks - Prestariang
Prestariang has been capped by the MYR0.465 resistance over the past two sessions, following its recent sharp rebound. An upside breach of the MYR0.465 resistance would likely see the stock extending its rebound, with the subsequent resistance points estimated at MYR0.50 and MYR0.535. This positive case should remain in effect, if the MYR0.445 level is not breached.
Source: RHB Securities Research - 16 Nov 2020
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