RHB Retail Research

Trading Stocks - Pentamaster Corporation

rhboskres
Publish date: Mon, 28 Jan 2019, 11:35 AM
rhboskres
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RHB Retail Research

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

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