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Stock Picks Of The Day – Panda Eco System, RGB International

Business Today ·  07/31 20:22

Panda Eco System is attempting to resume its upside movement, knocking on the door of the immediate resistance.

The stock printed a bullish candlestick yesterday and is eyeing to cross above the MYR0.445 resistance.

If a breakout happens, this will attract further buying pressure.

The momentum would lift the stock towards MYR0.48, followed by MYR0.52.

On the flipside, breaching below theMYR0.40 support will extend the downward movement.

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RGB International is eyeing to stage a technical rebound, testing the immediate resistance.

The counter is undergoing correction and consolidating below the MYR0.43 resistance.

If it breaks past the immediate resistance, bullish bias will emerge.

In this case, the counter would climb towards MYR0.455, followed by MYR0.485.

Conversely, falling below the MYR0.405 support will resume the correction phase.

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