RHB Retail Research
Trading Stocks - Pantech Group
Pantech may climb higher after posting a long white candle and hitting its highest close in more than six months. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR0.52 level, with an exit set below the MYR0.475 threshold. Towards the upside, the immediate resistance is at MYR0.565. This is followed by the MYR0.61 level.
Source: RHB Securities Research - 21 Feb 2019
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