RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster may rebound higher after it continued holding above the MYR4.90 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR5.10 level, with an exit set below the MYR4.90 point. Towards the upside, the immediate resistance is at the MYR5.58 level, followed by the MYR5.80 threshold.
Source: RHB Securities Research - 24 Feb 2020
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