Possible for trend reversal. PASUKGB is potentially staging a breakaway fromits downtrend, with anticipation of continuous improvement in both momentumand trend in the near term. Should immediate resistance level of RM0.165 bebroken with renewed buying interest, it may continue to lift price higher tosubsequent resistance level of RM0.180.
However, failure to hold on to support level of RM0.145 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 11 Sept 2024
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Created by PublicInvest | Nov 05, 2024