RHB Retail Research
Trading Stocks - Pestech International
Pestech International attempted to break away from its minor multi-session narrow congestion area in the latest session. Towards the upside, a breakout would be confirmed if the stock crosses above MYR0.85, with subsequent resistance levels set at MYR0.90 and MYR0.95. A downside breach of MYR0.83 would nullify this expectation.
Source: RHB Securities Research - 19 Jan 2021
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