RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster was testing the MYR3.70 level in its latest session. A bullish bias may be present above this point, with a target price of MYR3.90, followed by MYR4.00. The stock may consolidate further if it cannot breach above the MYR3.70 threshold in the coming sessions. Support may be found at MYR3.44, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 19 Aug 2019
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