RHB Retail Research
Technical Analysis - Pentamaster Corporation
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Pentamaster’s buying momentum may persist after the stock recorded its highest close in more than a week. As the 21-day SMA line has crossed above the 55-day SMA line lately, this is an indication of a positive sign. A bullish bias may emerge above the MYR2.40 level, with an exit set below the MYR2.18 threshold. To the upside, the immediate resistance is at MYR2.70. This is followed by the MYR2.90 level.
Source: RHB Securities Research - 19 Jun 2018
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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....
