RHB Retail Research
Technical Analysis - Supercomnet Technologies
Supercomnet Technologies’ buying momentum may have returned after it climbed above the 21-day SMA line. With the 21-day SMA line edging upwards, this also implies a positive outlook. A bullish bias may appear above the MYR0.61 level, with an exit set below the MYR0.52 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.80 level.
Source: RHB Securities Research - 21 Sept 2018
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