RHB Retail Research
Trading Stocks - Greatech Technology
Greatech Technology may move higher after it rose above the 21-day SMA line. Yesterday’s candle formed a “Hammer” pattern, implying a potential rebound. A positive bias may emerge above the MYR2.50 level, with an exit set below the MYR2.31 threshold. Towards the upside, the immediate resistance is at the MYR2.91 mark. This is followed by the MYR3.20 level.
Source: RHB Securities Research - 4 Feb 2020
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