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