Rakuten Trade Research Reports
Technical View - Genetec Technology Berhad
rakutentrade
Publish date: Tue, 17 Jan 2023, 11:13 AM
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To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Genetec Technology Berhad (GENETEC, 0104)
• Share price closed 0.40% higher at RM2.50 on Monday.
• GENETEC has found its support at RM2.35 and rebounded mildly with buying interests over the past 3 trading days. Coupled with a bullish MACD and indicators showing uptick momentum, share price is expected to move higher.
• Resistance levels are identified at RM2.57 (R1) and RM2.60 (R2).
• On the flipside, support levels are pegged at RM2.35 (S1) and RM2.17 (S2).
Source: Rakuten Research - 17 Jan 2023
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