RHB Retail Research
Trading Stocks - PA Resources
PA Resources may see a technical rebound after a recent pullback near its support level. The bullish momentum may appear if it breaches the immediate resistance level of MYR0.50. The stock may then eye the MYR0.525 resistance level, followed by MYR0.56. Meanwhile, falling below the MYR0.465 support level would cancel this expectation.
Source: RHB Securities Research - 31 May 2021
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