RHB Investment Research Reports

Trading Stocks - Greatech Technology

Publish date: Thu, 22 Feb 2024, 11:15 AM
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Greatech Technology is set for an uptrend rebound after it bounced off the 21-day SMA line and breached the MYR4.71 immediate resistance with improved volume. The bullish bias above that level may see the stock trending upwards towards the MYR5 threshold, followed by the next resistance at MYR5.20. However, if the price falls below the MYR4.50 support, it would signal the reversal of the trend.

Source: RHB Securities Research - 22 Feb 2024

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