RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster was testing the MYR4.25 level in its latest session. A bullish bias may be present above this point with a target price of MYR4.50, followed by MYR4.70. The stock may take a breather if it cannot breach above the MYR4.25 threshold in the coming sessions. Support may be found at MYR3.87, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 16 May 2019
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