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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 23 Jul 2021, 6:13 PM

 

Trading Stocks - Greatech Technology

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Greatech Technology is poised for a reversal after it crossed the immediate resistance level marking a “higher high” pattern yesterday. As the stock managed to cross over the 21-day SMA line, the bullish bias may remain above its MYR5.50 resistance turned-support level. The positive momentum may propel it further towards the next resistance levels of MYR5.81 and MYR6.00. Meanwhile, breaching below the MYR5.15 support level may cancel this expectation.

Source: RHB Securities Research - 1 Jun 2021

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Labels: GREATEC

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Chart Stock Name Last Change Volume 
GREATEC 6.42 +0.14 (2.23%) 878,100 

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