RHB Retail Research
Trading Stocks- Supercomnet Technologies
Supercomnet Technologies may rebound further after it tested the MYR0.745 support recently. Since the stock has formed a “Hammer” pattern on 14 May, this points to a potential rebound. An upbeat bias may emerge above the MYR0.82 level, with an exit set below the MYR0.745 mark. Towards the upside, the immediate resistance is at the MYR0.92 level, followed by the MYR1.00 threshold.
Source: RHB Securities Research - 19 May 2020
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