RHB Retail Research
Trading Stocks - Puncak Niaga Holdings
Puncak Niaga Holdings attempted to break above its immediate resistance of MYR0.555 yesterday. If the stock breaks above the resistance level of MYR0.555, the bullish sentiment may emerge. The bulls are eyeing the next resistance of MYR0.58, followed by MYR0.605. Inversely, breaching below the MYR0.515 support would cancel this expectation.
Source: RHB Securities Research - 6 Apr 2021
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