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RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 12 Jul 2019, 5:09 PM

 

Trading Stocks - Supercomnet Technologies

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Supercomnet Technologies may trend higher after it posted another white candle and breached above the MYR1.00 mark. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR1.00 level, with an exit set below the MYR0.925 threshold. Towards the upside, the near-term resistance is at MYR1.10. This is followed by the MYR1.20 level.

Source: RHB Securities Research - 13 Jun 2019

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Labels: SCOMNET

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