Pentamaster was testing the MYR2.95 level in its latest session. A bullish bias may be present above this point with a target price of MYR3.24, followed by MYR3.41. The stock may take a breather if it cannot breach above the MYR2.95 threshold decisively in the near term. Support may be found at MYR2.65, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 28 Jan 2019