Pentamaster Corp is eyeing to extend the technical rebound after breaking past the resistance on strong volume. The counter has closed above the MYR3.65 resistance to confirm a technical rebound is in play. Riding on the renewed momentum, it may travel towards MYR3.80, followed by the MYR4 mark. However, a breach below the MYR3.45 support resumes the correction phase.
Source: RHB Securities Research - 13 Sept 2024
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Created by rhbinvest | Oct 11, 2024