RHB Retail Research
Technical Analysis - Uchi Technologies
Uchi Technologies may rebound further after it tested the MYR3.00 support in recent trades. Yesterday’s long white candle sent the stock to a 7-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR3.18 level, with an exit set below the MYR3.00 level. Towards the upside, the near-term resistance is at MYR3.41. This is followed by the MYR3.57 level.
Source: RHB Securities Research - 17 Aug 2018
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