RHB Retail Research
Trading Stocks - Pantech Group Holdings
Pantech has been consolidating below the downtrend line and the MYR0.585 immediate resistance in recent sessions - after it experienced a relatively steep upward move prior to this. A positive bias may emerge if the stock cracks above the said immediate resistance. The next resistance levels eyed are at MYR0.61 and MYR0.65. A stop-loss can be placed below MYR0.545.
Source: RHB Securities Research - 1 Jul 2019
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