RHB Retail Research
Trading Stocks - Uchi Technologies
Uchi Technologies may rebound higher after it continued holding above the MYR2.10 support. This upward momentum is likely to continue, given that it has formed a second consecutive white candle. An upbeat bias may emerge above the MYR2.23 level, with an exit set below the MYR2.10 mark. Towards the upside, the immediate resistance is at the MYR2.48 level, followed by the MYR2.63 threshold.
Source: RHB Securities Research - 16 Apr 2020
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