RHB Investment Research Reports
Trading Stocks - Pentamaster
rhbinvest
Publish date: Fri, 17 Jun 2022, 09:38 AM
rhbinvest
0 3,541
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Pentamaster is undergoing a consolidation while eyeing an upside breakout. The stock has pulled back from a recent peak to consolidate along the 21-day SMA line. If the bullish momentum resumes and breaks past the immediate resistance of MYR3.73, the stock may rebound towards MYR4.00, followed by MYR4.30. However, falling below the support of MYR3.40 will trigger an extension of the downside correction.
Source: RHB Securities Research - 17 Jun 2022
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
