RHB Retail Research
Trading Stocks - Perdana Petroleum
Perdana Petroleum has been undergoing a minor consolidation over the past sessions, and it tested the MYR0.14 support level twice, following its recent upward move. A positive bias may appear above MYR0.15, with resistance levels set at MYR0.165 and MYR0.185. A downside breach of MYR0.15 would cancel this thesis.
Source: RHB Securities Research - 30 Nov 2020
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