RHB Retail Research
Trading Stocks - Pentamaster Corporation
Pentamaster marginally crossed above the 2-week downtrend line, this is a rebound continuation following the re-testing of the 21-day SMA line recently. A positive bias may emerge above MYR4.90, while the resistance points are pegged at MYR5.20, followed by MYR5.40. A stop-loss can be placed below MYR4.90.
Source: RHB Securities Research - 22 Jun 2020
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