RHB Retail Research
Trading Stocks - JF Technology
JF Technology may rebound further after it tested the MYR1.20 support in its latest session. As the 21-day SMA line is likely to turn higher, the bullish sentiment has been enhanced. A positive bias may emerge above the MYR1.25 level, with an exit set below the MYR1.20 threshold. Towards the upside, the immediate resistance is at the MYR1.40 mark. This is followed by the MYR1.50 level.
Source: RHB Securities Research - 27 Nov 2019
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