RHB Retail Research
Trading Stocks - Pentamaster
Pentamaster is undergoing a technical breakout, as it retested the immediate resistance for a fourth consecutive session yesterday – forming a “higher low” structure. If it crosses above MYR5.10, a bullish bias may be seen. The next resistance is placed at MYR5.40 and followed by MYR5.67. Meanwhile, breaching the MYR4.80 support may reverse its direction.
Source: RHB Securities Research - 13 Jul 2021
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