PENTAMASTER CORPORATION BHD (15-DECEMBER-2020)

A bullish engulfing rebounded off 61.8% FR and Span B Kumo Cloud. The price is expected to resume its upward movement.

EP - 5.08

Next R/ TP:
• 5.21(coincides with 61.8% FE)
• 5.33(coincides with 78.6% FE
• 5.48 (coincides with 100% FE)

Support:
• 4.810 (61.8% retracement). Immediately cut loss below 4.805