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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Created by rhboskres | Aug 26, 2024