RHB Retail Research
Trading Stocks - P.A. Resources
P.A. Resources is set for an uptrend as it broke above the immediate resistance of MYR0.425 on strong volume yesterday. If the breakout above that level sustains, the stock may climb towards the next resistance level at MYR0.45, followed by MYR0.58. However, the momentum may lose steam if it falls below the MYR0.40 support – beneath the 21-day average line.
Source: RHB Securities Research - 23 Feb 2022
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