RHB Retail Research
Trading Stocks - Techfast
Techfast may climb higher after it breached above the MYR0.32 threshold. As the 21-day SMA line crossed above the 55-day SMA line recently, this has enhanced the buying momentum. A positive bias may emerge above the MYR0.32 level, with an exit set below the MYR0.285 threshold. Towards the upside, the immediate resistance is at the MYR0.36 level. This is followed by the MYR0.40 level
Source: RHB Securities Research - 17 Jul 2019
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