Greatech Technology was testing the MYR2.60 level lately. A bullish bias may be present above this point, with a target price of MYR2.80, followed by MYR3.00. The stock may consolidate further if it cannot breach the MYR2.60 threshold in the near term. Support may be found at MYR2.34, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 20 Jan 2020
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Created by rhboskres | Aug 26, 2024