AmInvest Research Reports

Stock on Radar - Genetec Technology

Publish date: Thu, 02 Mar 2023, 10:14 AM
0 7,488
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to:

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

Genetec Technology broke out from its 3-week bullish flag pattern a few candles back, implying that its previous uptrend may
have resumed. With the stock pushing near its 52-week high, supported by its rising EMAs, likely indicates that the upward
momentum may be picking up. A bullish bias may emerge above the
RM2.75 level, with a stop-loss set at RM2.58, below the 50-
day EMA. Towards the upside, the near-term resistance level is seen at
RM3.00, followed by RM3.20.

Entry : RM2.75–2.81

Target : RM3.00, RM3.20

Exit : RM2.58


Source: AmInvest Research - 2 Mar 2023

Related Stocks
Market Buzz
Be the first to like this. Showing 0 of 0 comments

Post a Comment