RHB Retail Research
Technical Analysis - Techfast
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Techfast was testing the MYR0.455 level in its recent trades. A bullish bias may be present above this point with a target price of MYR0.535, followed by MYR0.60. The stock may take a breather if it cannot breach above the MYR0.455 threshold decisively in the near term. Support may be found at MYR0.34, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 12 Jun 2018
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