Puncak Niaga may trade lower after closing weaker in the past 2 days. This should be confirmed by a close below the 200-day MAV line of RM1.26. Traders may liquidate if this happens, with support lying at the prior lows of RM1.10 and RM0.95. This weak bias will be nullified should the stock close above RM1.40, which may also lead to a rebound. Resistance levels lie at RM1.60 and RM1.75.
Source: OSK
No comments:
Post a Comment