PEKAT [Titan Weekend Chart Reviews]
$PEKAT (0233.MY)$ had been consolidating within a symmetrical triangle pattern over the past 4-5 months here since breaking out towards its RM 1.06 all time high levels.
So far still looking quite strong here and as long as able to hold above its RM 0.92+ immediate support, could trend back up towards the RM 1++ regions soon in the coming weeks.
Support: RM 0.96, RM 0.94, RM 0.915 areas
Resistance: RM 0.985, RM 1, RM 1.06 areas
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Momentum Trader : Looks good