RHB Retail Research

Trading Stocks - PESTECH International

rhboskres
Publish date: Fri, 17 May 2019, 05:21 PM
rhboskres
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RHB Retail Research

PESTECH International may rebound further after it tested MYR1.01 support in recent sessions. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.05 level, with an exit set below the MYR1.01 threshold. Towards the upside, the near-term resistance is at MYR1.13. This is followed by the MYR1.18 level

Source: RHB Securities Research - 17 May 2019

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