RHB Retail Research

Technical Analysis - JF Technology

rhboskres
Publish date: Tue, 12 Jun 2018, 10:06 AM
rhboskres
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RHB Retail Research

JF Technology may rebound higher after it continued holding above the MYR0.59 support. As it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.70 level, with an exit set below the MYR0.59 threshold. Towards the upside, the near-term resistance is at MYR0.80. This is followed by the MYR0.90 level.

Source: RHB Securities Research - 12 Jun 2018

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