Mem2aia72er Anr1
PENTAMASTER Corp Bhd shot up on an upswell of buying interest yesterday with trading volume hitting its highest in six weeks.
Ending a period of sideways trading, the stock has returned to an uptrend and is expected to target a resistance of RM4.64. The technical indicators are reflecting the bullish sentiment and rising at a steep incline.
The slow-stochastic and 14-day RSI have crossed into overbought conditions but are showing no signs of letting up. The MACD has confirmed an uptrend. Support for the stock is pegged to RM4 and RM3.70.
The comments above do not represent
a recommendation to buy or sell.