RHB Retail Research
Technical Analysis - JF Technology
JF Technology’s upside move may persist after it continued holding above the 21-day SMA line. Given that it has formed a positive candle for the fifth consecutive session, the positive sentiment has been enhanced. A bullish bias may emerge above the MYR0.835 level, with an exit set below the MYR0.77 threshold. To the upside, the immediate resistance is at MYR0.96. This is followed by the MYR1.03 level.
Source: RHB Securities Research - 13 Sept 2018
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