RHB Retail Research
Trading Stocks - Techfast
Techfast may rebound further after it tested the MYR0.46 support in recent sessions. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.46 level, with an exit set below the MYR0.46 threshold. Towards the upside, the immediate resistance is at MYR0.54. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 31 Dec 2019
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