RHB Retail Research

Trading Stocks - Pecca Group

rhboskres
Publish date: Fri, 19 Nov 2021, 06:56 PM
rhboskres
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RHB Retail Research

Pecca Group is attempting to resume its uptrend reversal as it bounced off from a recent pullback, eyeng to hit the immediate resistance level of MYR3.65 and printing a long white candlestick. If it breaches above that point, the bulls may head towards the MYR3.83 threshold, followed by the MYR4.00 next resistance. This expectation will be nullified if it falls below the support level of MYR3.32.

Source: RHB Securities Research - 19 Nov 2021

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