Greatec broke out from the resistance level with a higher trading volume. A bullish bias has emerged above the immediate resistance level marked at MYR9.30. With the recent trading volume surge, the stock is now poised to move higher and test the next resistance level at MYR9.70, followed by MYR10.20. This positive expectation should remain valid, provided the MYR8.73 support is not breached.
Source: RHB Securities Research - 28 Dec 2020
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Created by rhboskres | Aug 26, 2024