RHB Retail Research
Trading Stocks - Pestech International
Pestech International attempted to breach above the immediate resistance yesterday, on improved trading volume. The bullish bias may appear if it manages to break above the immediate resistance level of MYR1.24. The positive momentum is likely to drive it towards the next resistance level of MYR1.36, followed by MYR1.43. Meanwhile, if the support level of MYR1.14 is broken, this expectation would be reversed.
Source: RHB Securities Research - 15 Apr 2021
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