RHB Retail Research
Technical Analysis - Systech
Systech
Systech was testing the MYR0.28 level recently. A bullish bias may be present above this point with a target price of MYR0.305, followed by MYR0.32. The stock may consolidate further if it cannot breach above the MYR0.28 threshold decisively in the coming sessions. Support may be found at MYR0.22, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 5 Jul 2018
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