RHB Retail Research
Technical Analysis - Pentamaster Corp
Pentamaster Corp formed a white candle in the latest session that breached above the MYR3.47 mark and 30-day SMA line, which indicates that the 1-week sideways consolidation may have come to an end. Towards the upside, immediate resistance is set at MYR3.75, followed by MYR3.87. Support is at MYR3.30, which can be used as a stop-loss.
Source: RHB Securities Research - 16 Nov 2018
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