Rakuten Trade Research Reports
Technical View - Techfast Holdings Bhd
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Publish date: Fri, 19 Mar 2021, 04:21 PM
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Techfast Holdings Bhd (TECFAST, 0084)
• TECFAST ended 5.4% or 2.5 sen higher to RM0.49 yesterday.
• TECFAST closed with a positive candle yesterday on the back of rising volume, following a pull back from a high of RM0.69 recently. Coupled with upticks on the buying momentum, the upward bias is likely to be extended.
• From here, key resistance levels are expected at RM0.535 (R1) and further to RM0.62 (R2).
• On the downside, support levels are set at RM0.455 (S1) and RM0.45 (S2).
Source: Rakuten Research - 19 Mar 2021
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