RHB Retail Research
Technical Analysis - Globetronics Technology
Globetronics Technology may move higher after it continued holding above the MYR1.87 support. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR2.00 level, with an exit set below the MYR1.87 threshold. Towards the upside, the near-term resistance is at MYR2.28. This is followed by the MYR2.40 level.
Source: RHB Securities Research - 3 Dec 2018
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