RHB Retail Research
Trading Stocks - PESTECH International
PESTECH International may move higher after it continued holding above the MYR1.10 support. This upward momentum is likely to continue, given that it has formed a second consecutive long white candle. A bullish bias may appear above the MYR1.20 level, with an exit set below the MYR1.10 threshold. Towards the upside, the near-term resistance is at MYR1.36. This is followed by the MYR1.48 level.
Source: RHB Securities Research - 3 Jul 2019
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