Greatech Technology may rebound further after it tested the MYR2.25 support recently. Yesterday’s white candle can be viewed as a continuation of the bulls extending the upward momentum from 31 Mar’s upside gap. An upbeat bias may emerge above the MYR2.40 level, with an exit set below the MYR2.25 mark. Towards the upside, the immediate resistance is at the MYR2.80 level, followed by the MYR3.13 threshold.
Source: RHB Securities Research - 15 Apr 2020
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Created by rhboskres | Aug 26, 2024