RHB Retail Research
Trading Stocks - Techbond
Techbond is showing early signs of attempting to extend its rebound extension, as the stock continued to trade higher above the 21-day SMA line. Towards the upside, a breakout from the MYR1.38 resistance could see it venturing towards the MYR1.45 and MYR1.60 resistance points. This forecast would be void if the MYR1.30 support is breached.
Source: RHB Securities Research - 27 Jan 2021
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