RHB Retail Research
Trading Stocks - Pantech Group
Pantech Group may rebound higher after it continued holding above the MYR0.48 support. As the stock recently rose above the 21-day SMA line, the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.505 level, with an exit set below the MYR0.48 threshold. Towards the upside, the immediate resistance is at the MYR0.555 mark. This is followed by the MYR0.58 threshold.
Source: RHB Securities Research - 17 Oct 2019
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