RHB Retail Research
Trading Stocks (mid-day) - Radiant Globaltech
At the time of writing, Radiant Globaltech was testing the MYR0.29 level. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR0.33, followed by MYR0.35. The stock may take a breather if it cannot breach above the MYR0.29 mark decisively in the coming sessions. Support may be found at MYR0.255, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 16 Apr 2020
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