RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster’s buying momentum may have returned after it rose above the 21-day SMA line. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR3.55 level, with an exit set below the MYR3.44 threshold. Towards the upside, the immediate resistance is at MYR3.77 level. This is followed by the MYR4.00 threshold.
Source: RHB Securities Research - 5 Sept 2019
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