RHB Retail Research
Technical Analysis - TRC Synergy
TRC Synergy
TRC Synergy may rebound higher after it continued holding above the MYR0.41 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.41 level, with an exit set below the MYR0.41 threshold. Towards the upside, the near-term resistance is at MYR0.48. This is followed by the MYR0.55 level.
Source: RHB Securities Research - 13 Jul 2018
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