Pantech Group may rebound further after it tested the MYR0.49 support lately. As the stock recently recovered above the 21- day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR0.51 level, with an exit set below the MYR0.49 threshold. Towards the upside, the immediate resistance is at the MYR0.535 mark. This is followed by the MYR0.56 level.
Source: RHB Securities Research - 6 Jan 2020
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Created by rhboskres | Aug 26, 2024