RHB Retail Research

Technical Analysis - Genetec Technology

rhboskres
Publish date: Wed, 12 Sep 2018, 10:08 AM
rhboskres
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RHB Retail Research

Genetec Technology

Genetec Technology was testing the MYR1.75 level in recent sessions. A bullish bias may be present above this point with a target price of MYR1.90, followed by MYR2.00. The stock may take a breather if it cannot breach the MYR1.75 mark in the near term. Support may be found at MYR1.55, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 12 Sept 2018

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