RHB Retail Research

Trading Stocks - Globetronics Technology

rhboskres
Publish date: Tue, 16 Apr 2019, 08:41 AM
rhboskres
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RHB Retail Research

Globetronics Technology may move higher after it tested MYR1.80 support lately. Yesterday’s candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.80 level, with an exit set below the MYR1.80 threshold. Towards the upside, the near-term resistance is at MYR2.00. This is followed by the MYR2.07 level.

Source: RHB Securities Research - 16 Apr 2019

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