Techfast may rebound further after it tested the MYR0.495 support recently. As the stock rose above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR0.52 level, with an exit set below the MYR0.495 mark. Towards the upside, the immediate resistance is at the MYR0.575 level, followed by the MYR0.60 threshold.
Source: RHB Securities Research - 13 Feb 2020
Created by rhboskres | Aug 26, 2024