RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster was testing the MYR4.42 level recently. A bullish bias may be present above this point with a target price of MYR4.70, followed by MYR5.00. The stock may consolidate further if it cannot breach above the MYR4.42 mark decisively in the coming sessions. Support may be found at MYR4.00, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 24 Jun 2019
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