RHB Retail Research

Trading Stocks - Greatech Technology

rhboskres
Publish date: Thu, 05 Sep 2019, 05:09 PM
rhboskres
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RHB Retail Research

Greatech Technology formed a long white candle, indicating that the momentum of buying could be strong. This close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR1.19 level, with an exit set below the MYR1.09 threshold. Towards the upside, the immediate resistance is at the MYR1.30 level. This is followed by the MYR1.40 level.

Source: RHB Securities Research - 5 Sept 2019

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