RHB Retail Research
Trading Stocks - Globetronics Technology
Globetronics Technology may rise higher after it climbed above the MYR2.20 threshold. As the 21-day SMA line is likely to turn higher, the bullish sentiment has been enhanced. A positive bias may emerge above the MYR2.20 level, with an exit set below the MYR1.99 threshold. Towards the upside, the immediate resistance is at the MYR2.40 level, followed by the MYR2.50 threshold.
Source: RHB Securities Research - 23 Oct 2019
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