PMB Technology is poised for a rebound as it bounced off mildly from a recent pullback to hit the MYR14.00 threshold yesterday on surging volume. If it manages to breach above that level, strong buying interest may drive the stock towards the MYR15.00 level before it reaches the MYR16.30 all-time high level. Conversely, falling below the MYR12.20 support level will cancel this expectation.
Source: RHB Securities Research - 28 Oct 2021
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PMBTECHCreated by rhboskres | Aug 26, 2024