RHB Retail Research
Trading Stocks - Supercomnet Technologies
Supercomnet Technologies may trend higher after it formed a long white candle and breached above the MYR0.70 mark. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR0.70 level, with an exit set below the MYR0.655 threshold. Towards the upside, the immediate resistance is at MYR0.80. This is followed by the MYR0.90 level.
Source: RHB Securities Research - 13 Feb 2019
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