RHB Investment Research Reports
Trading Stocks - Greatech Technology
rhbinvest
Publish date: Wed, 02 Aug 2023, 10:40 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Greatech Technology is poised to trend higher, as it attempted to surpass the MYR4.60 immediate resistance recently, above the rising 21-day SMA line. If it manages to surpass above that level, the stock may travel higher towards the MYR5 threshold, followed by the MYR5.20 resistance. Conversely, falling below the MYR4.38 support, beneath the SMA line, would dent sentiment and lead to a downtrend.
Source: RHB Securities Research - 2 Aug 2023
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