KUALA LUMPUR: Shares in PMB Technology Bhd
development decrease in early commerce Thursday as traders take revenue after yesterday’s features.
The counter declined 2.36%, or 32 sen to RM13.20 at 9.54am. Yr-to-date, the counter has appreciated over 181%.
RHB Retail Analysis stated PMB Expertise is poised for a rebound because it bounced off mildly from a current pullback to hit the RM14.00 threshold yesterday on surging quantity.
“If it manages to breach above that stage, robust shopping for curiosity could drive the inventory in the direction of the RM15.00 stage earlier than it reaches the RM16.30 all-time excessive stage.
“Conversely, falling beneath the RM12.20 assist stage will cancel this expectation,” it stated.
