RHB Retail Research
Technical Analysis - Techfast
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Techfast may climb higher after posting a long white candle and leaving an upside gap. This close has sent the stock to its highest close in nearly five months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.455 level, with an exit set below the MYR0.355 threshold. Towards the upside, the immediate resistance is at MYR0.535. This is followed by the MYR0.61 level.
Source: RHB Securities Research - 4 Jul 2018
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