$PENTA(7160.MY)$ this tech stock is a leading ATE maker

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The $Dow Jones Industrial Average(.DJI.US)$ closed at a new record high of 40,211.72, gaining 0.5%. The $S&P 500 Index(.SPX.US)$ rose 0.3%, and the $Nasdaq Composite Index(.IXIC.US)$ increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks.
Key Drivers
1. Federal Reserve’s Stance on Inflation:
• Event: Fed Chairman Jerome Powell...

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Current Market Trends
Bursa Malaysia closed higher, lifted by selected financial stocks, particularly Public Bank Bhd. The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ increased by 3.40 points to close at 1,614.42. Despite this gain, the broader market saw more decliners (666) than gainers (529), indicating mixed sentiments.
Key Sector Performances
• Financial Services: The sector saw significant gains, with the...

$PENTA(7160.MY)$ so sad to sell it too soon 😔.... anyway, good fly today 👍🏻

$PENTA(7160.MY)$ slowly but surely ascending 🚀

$PENTA(7160.MY)$ 👀 tight pivot

US Stock Market Review 13 - 17 May 2024
$Dow Jones Industrial Average(.DJI.US)$ +1.24%, $S&P 500 Index(.SPX.US)$+1.54%, $Nasdaq Composite Index(.IXIC.US)$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index(.SPX.US)$ compa...

$PENTA(7160.MY)$ had a huge breakout from its RM 4.45+ major downtrend resistance levels on the daily chart here and looking very strong.
For now as long as able to sustain above its RM 4.50+ immediate support, could start trending up towards the RM 5.50+ regions soon in the coming few months.
Support: RM 4.70, RM 4.50 areas
Resistance: RM 4.90, RM 5, RM 5.20, RM 5.50 areas