RHB Retail Research

Author: rhboskres   |   Latest post: Mon, 11 Nov 2019, 10:03 AM


Trading Stocks - Globetronics Technology

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Globetronics Technology may rebound further after it tested the MYR1.50 support recently. Yesterday’s candle sent the stock to its 2-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.60 level, with an exit set below the MYR1.50 threshold. Towards the upside, the near-term resistance is at MYR1.74. This is followed by the MYR1.88 level.

Source: RHB Securities Research - 12 Jun 2019

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