RHB Retail Research
Trading Stocks - JF Technology
JF Technology is staging a breakout from the MYR4.82 immediate resistance level. With the renewed buying interest, we believe the bullish momentum is gaining traction, which may propel the stock towards the next resistance level pegged at MYR5.00 and followed by MYR5.20. A downward breach of the MYR4.49 support will negate this expectation.
Source: RHB Securities Research - 28 Dec 2020
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