AmInvest Research Reports
Stock on Radar - Genetec Technology
AmInvest
Publish date: Wed, 08 Feb 2023, 09:07 AM
AmInvest
0 7,268
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Genetec Technology may trend higher after it closed above the RM2.80 resistance with a white candle yesterday. In view that the 20-day and 50-day EMAs are starting to turn upwards, a positive outlook can be expected here. A bullish bias may emerge above the RM2.80 level, with a stop-loss set at RM2.58, below the 20-day EMA. Towards the upside, the near-term resistance level is seen at RM3.20, followed by RM3.40.
Entry : RM2.80–2.90
Target : RM3.20, RM3.40
Exit : RM2.58
Source: AmInvest Research - 8 Feb 2023
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