RHB Retail Research
Trading Stocks - Supercomnet Technologies
Supercomnet Technologies may move higher after it continued holding above the MYR0.69 support. The stock formed a “Bullish Engulfing” pattern on 22 Apr, which points to a potential rebound. An upbeat bias may emerge above the MYR0.73 level, with an exit set below the MYR0.69 mark. Towards the upside, the immediate resistance is at the MYR0.835 level, followed by the MYR0.90 threshold.
Source: RHB Securities Research - 23 Apr 2020
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