RHB Retail Research
Trading Stocks - Greatech Technology
Greatech Technology was testing the MYR2.10 level in recent sessions. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR2.50, followed by MYR2.80. The stock may take a breather if it cannot decisively breach above the MYR2.10 mark in the near term. Support may be found at MYR1.70, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 31 Mar 2020
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