RHB Retail Research
Trading Stocks - Radiant GlobalTech
Radiant GlobalTech may climb higher after posting a white candle and hitting its new 52-week high. In view that the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.33 level, with an exit set below the MYR0.315 threshold. Towards the upside, the immediate resistance is at the MYR0.37 mark. This is followed by the MYR0.405 level.
Source: RHB Securities Research - 2 Dec 2019
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