RHB Investment Research Reports
Trading Stocks - Greatech Technology
rhbinvest
Publish date: Thu, 22 Feb 2024, 11:15 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Greatech Technology is set for an uptrend rebound after it bounced off the 21-day SMA line and breached the MYR4.71 immediate resistance with improved volume. The bullish bias above that level may see the stock trending upwards towards the MYR5 threshold, followed by the next resistance at MYR5.20. However, if the price falls below the MYR4.50 support, it would signal the reversal of the trend.
Source: RHB Securities Research - 22 Feb 2024
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