Poh Kong Holdings is poised for a strong rebound as it attempted to move past the consolidation phase of MYR0.86 on high trading volume yesterday. If it manages to move past that level, the bulls may drive the stock towards the immediate resistance of MYR0.92, followed by MYR0.955. Conversely, falling below the MYR0.815 support level will cancel this expectation.
Source: RHB Securities Research - 12 Nov 2021
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Created by rhboskres | Aug 26, 2024