RHB Retail Research
Trading Stocks - Globetronics Technology
Globetronics Technology may rebound further after it tested MYR2.32 support lately. Given that it has formed a long white candle above the rising 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR2.40 level, with an exit set below the MYR2.32 threshold. Towards the upside, the immediate resistance is at the MYR2.64 mark. This is followed by the MYR2.75 level.
Source: RHB Securities Research - 30 Jan 2020
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