RHB Retail Research
Trading Stocks - Pestech International
Pestech International rebounded from a low and tested the immediate resistance level of MYR0.85. If it can punch through the resistance level with higher trading volume, we think the bullish trend may be resumed. If this happens, it may climb towards the next resistance level of MYR0.88, followed by MYR0.94. This positive expectation should remain valid, provided the MYR0.78 support is not breached.
Source: RHB Securities Research - 2 Dec 2020
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