Sector: Technology / OSAT

Analyzed on 8/8/2021

If you have read our E-book version 1, Gtronic is one of the OSAT counter in Bursa. But the movement of Gtronic is not exciting as other OSAT/ATE counters. As we can see from the chart, higher lows pattern is formed but there is a strong resistance at RM2.40.  It is currently trading at RM2.18 level, it needs a sustainable breakout to confirm its uptrend. EMA25/50 have been trending downwards since Jan 2021, should the breakout sustained, its EMAs will also be trending upwards. Support level at RM2.10/2.00

FYI: GTRONIC is the only tech counter in EPF TOP 30 list

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NOTT INVEST 

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