RHB Retail Research
Technical Analysis - JF Technology
JF Technology formed a long white candle, indicating that buying momentum was strong. Yesterday’s close sent the stock to its highest close in over five months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.86 level, with an exit set below the MYR0.69 threshold. To the upside, the immediate resistance is at MYR1.04. This is followed by the MYR1.18 level.
Source: RHB Securities Research - 17 Aug 2018
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