JF Technology may rise higher after forming another white candle and leaving an upside gap. As the stock has recorded a new 52-week high, the positive sentiment has been enhanced. A positive bias may emerge above the MYR1.30 level, with an exit set below the MYR1.20 threshold. Towards the upside, the immediate resistance is at the MYR1.50 level, followed by the MYR1.60 threshold.
Source: RHB Securities Research - 4 Dec 2019
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Created by rhboskres | Aug 26, 2024