RHB Retail Research
Trading Stocks - Techfast
At the time of writing, Techfast was trading below the MYR0.54 threshold in its recent sessions. A bullish bias may be present above this point with a target price of MYR0.575, followed by MYR0.60. The stock may consolidate further if it cannot breach above the MYR0.54 mark in the near term. Support may be found at MYR0.465, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 14 Jan 2020
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