Pertama Digital may retest the immediate resistance after it bounced off its support level on strong volume yesterday – signalling that it has found its footing. If it manages to breach the MYR0.585 threshold, the positive momentum may boost it towards the next resistance of MYR0.635, followed by MYR0.70. If the stock falls below the MYR0.525 support, this anticipation would no longer be valid.
Source: RHB Securities Research - 9 Jul 2021
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Created by rhboskres | Aug 26, 2024