Blog: Technical View - PMB Technology Bhd

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2 comment(s). Last comment by SMInvest 2023-07-28 10:00

SMInvest

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Posted by SMInvest > 2023-07-28 09:56 | Report Abuse

https://klse.i3investor.com/web/blog/detail/rakuten/2023-07-27-story-h-244640493-Technical_View_PMB_Technology_Bhd

SMInvest

279 posts

Posted by SMInvest > 2023-07-28 10:00 | Report Abuse

PMB Technology Bhd (PMBTECH, 7172)

Share price closed 0.78% higher at RM3.88 on Wednesday.

PMBTECH has been retracing from the high of RM5.27 in mid of February over the past 5 months. Support was formed at RM3.75 and there was tendency for the share price to rebound at this level. Coupled with indicators showing uptick momentum, share price is expected to propel higher.

Resistance levels are identified at RM4.28 (R1) and RM4.52 (R2).

On the flipside, support levels are pegged at RM3.75 (S1) and RM3.68 (S2).

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