RHB Retail Research
Trading Stocks - Techbond Group
At the time of writing, Techbond Group recently tested the MYR0.95 level. A bullish bias may be present above this point, with a target price of MYR1.00, followed by MYR1.05. The stock may take a breather if it cannot decisively breach above the MYR0.95 threshold in the coming sessions. Support may be found at MYR0.905, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 11 Feb 2020
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