RHB Retail Research
Trading Stocks - Globetronics Technology
Globetronics Technology may move higher after it continued holding above the MYR2.25 support. Given that it has formed a positive candle for the second consecutive session, the positive sentiment has been enhanced. A positive bias may emerge above the MYR2.25 level, with an exit set below the MYR2.25 mark. Towards the upside, the immediate resistance is at the MYR2.45 level, followed by the MYR2.60 threshold.
Source: RHB Securities Research - 2 Jan 2020
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