RHB Retail Research
Trading Stocks - Press Metal
Press Metal may test its historical high after it broke above the immediate resistance of MYR5.08 on high trading volume yesterday. The long white body candlestick that ended the recent pullback suggests that the uptrend momentum has begun. As such, the bullish momentum is expected to drive the stock towards the next resistance of MYR5.48, before hitting MYR6.00. Meanwhile, breaching below the MYR4.90 support would see the momentum fade away.
Source: RHB Securities Research - 18 Aug 2021
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on RHB Retail Research
Duopharma Biotech - Lacking Near-Term Re-Rating Catalysts; D/G NEUTRAL
Created by rhboskres | Aug 26, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-12 12:00:00
OBV
Hourly
SELL
2024-11-12 11:35:00
EMA 5
5 Mins
SELL
2024-11-12 11:05:00
EMA 5
5 Mins
BUY
2024-11-12 09:00:00
EMA 5
10 Mins
SELL
2024-11-12 09:00:00
MACD/RSI
10 Mins
SELL
Apps
Top Articles
2
3
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
