Pacific Radiance Shares May Rebound, Chart Shows -- Market Talk

Dow Jones01-09

0137 GMT - Pacific Radiance's shares may rebound after holding support at S$0.114 on Thursday, a chart analysis shows, Phillip Securities Research's Zane Aw says in a report. Earlier this week, shares tested this support level, which had previously been resistance, the analyst notes. Also, the moving average convergence divergence indicator has been showing increasing upward momentum recently and is holding above the zero line, which supports the bullish view, he says. Initial resistance is pegged at S$0.133, Aw adds. Shares are 2.6% higher at S$0.119. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 08, 2026 20:37 ET (01:37 GMT)

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Initial resistance is pegged at S$0.133, Aw adds. Shares are 2.6% higher at S$0.119. 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