Sunday 19 May 2024
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KUALA LUMPUR (Nov 9): RHB Retail Research said Poh Kong Holdings Bhd is showing potential signs of developing a rebound or a positive trend reversal.

In a trading stocks note today, the research house said the stock formed an “upside gap” on strong volume, to cross above the 21-day simple moving average (SMA) line in the latest session.

‘A positive bias may appear above 82 sen, with resistance points pegged at 88 sen and 91 sen.

“A downside breach of 82 sen would nullify this positive case,” it said.

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