RHB Retail Research
Technical Analysis - Radiant Globaltech
Radiant Globaltech may rebound higher after it continued holding above the MYR0.235 support. Given that the stock has breached above the downtrend line drawn in the chart, this indicates a positive sign. A bullish bias may appear above the MYR0.285 level, with an exit set below the MYR0.235 threshold. Towards the upside, the near-term resistance is at MYR0.345. This is followed by the MYR0.37 level.
Source: RHB Securities Research - 13 Nov 2018
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