RHB Retail Research
Trading Stocks - Supercomnet Technologies
Supercomnet Technologies was testing the MYR0.54 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR0.60, followed by MYR0.645. The stock may turn sideways if it cannot breach above the MYR0.54 mark decisively in the coming sessions. Support may be found at MYR0.45, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 Apr 2020
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