RHB Retail Research
Trading Stocks - Supercomnet Technologies
Supercomnet Technologies may rebound higher after it continued holding above the MYR0.73 support. As the stock has formed a long white candle above the rising 21-day SMA line, this indicates a positive sign. An upbeat bias may emerge above the MYR0.79 level, with an exit set below the MYR0.73 mark. Towards the upside, the immediate resistance is at the MYR0.90 level, followed by the MYR0.98 threshold.
Source: RHB Securities Research - 12 May 2020
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