Techfast may move higher after it tested the MYR0.245 support lately. The stock formed a long white candle and left an upside gap yesterday, which is a positive sign. A bullish bias may appear above the MYR0.26 level, with an exit set below the MYR0.245 threshold. Towards the upside, the near- term resistance is at MYR0.295. This is followed by the MYR0.315 level.
Source: RHB Securities Research - 4 Jun 2019
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Created by rhboskres | Aug 26, 2024