RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster may rebound further after it tested the MYR3.94 support recently. As the stock has formed a “Bullish Harami” pattern on 7 May, this indicates a potential rebound. A bullish bias may appear above the MYR3.94 level, with an exit set below the MYR3.94 threshold. Towards the upside, the near term resistance is at MYR4.48. This is followed by the MYR4.70 level.
Source: RHB Securities Research - 8 May 2019
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