PENTA (7160) - PENTA – Technical ‘Pennant’ Breakout


PENTAMASTER CORPORATION BHD Stock Code: 7160

penta technical analysis
PENTA experienced a pennant breakout above the RM0.80 level with high volumes. The MACD Histogram has turned green, while the RSI is above 50. Price may pick up in buying momentum towards the RM0.855-RM0.91 levels. Support will be anchored around the RM0.77 level.

source: Malacca Securities Sdn Bhd

PENTAMASTER CORPORATION BERHAD
The Company is principally engaged in the design and manufacture of automated and semi-automated machines and equipment; design manufacture assembly and installation of computerised automation systems and equipment together with proprietary software systems

PENTA (7160) - PENTA – Technical ‘Pennant’ Breakout 
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