RHB Retail Research
Trading Stocks - Greatech Technology
Greatech Technology may climb higher after posting a long white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR2.70 level, with an exit set below the MYR2.49 threshold. Towards the upside, the immediate resistance is at the MYR3.00 mark. This is followed by the MYR3.30 level.
Source: RHB Securities Research - 24 Jan 2020
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