RHB Retail Research
Technical Analysis - Supercomnet Technologies
Supercomnet Technologies may rebound higher after it continued holding above the MYR0.58 support. As the stock rose above the 55-day SMA line, this is a positive sign. A bullish bias may appear above the MYR0.63 level, with an exit set below the MYR0.58 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.745 level.
Source: RHB Securities Research - 1 Nov 2018
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