RHB Retail Research
Trading Stocks - Pentamaster Corp
Pentamaster was testing the MYR4.15 level in its latest session. A bullish bias may be present above this point with a target price of MYR4.42, followed by MYR4.60. The stock may consolidate further if it cannot breach above the MYR4.15 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 - 31 May 2019
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