RHB Retail Research
Trading Stocks - Pestech International
Pestech International is set to resume its uptrend as it moved past the consolidation phase of MYR1.19 on strong volume – forming a “higher high” bullish pattern. If it manages to stay above that level, buying interest may follow through towards the MYR1.28 resistance, followed by MYR1.43 – its 52-week high. If it falls below the MYR1.14 support, the momentum may dissipate.
Source: RHB Securities Research - 8 Nov 2021
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