RHB Retail Research
Trading Stocks - JF Technology
JF Technology is expected to extend the recent upward movement as it attempted to break above the immediate resistance on strong volume yesterday. If it manages to break above the MYR1.47 immediate resistance level, the positive momentum may extend towards the next resistance set at MYR1.58, followed by MYR1.68. However, this expectation would be invalid if it falls below the MYR1.39 support level.
Source: RHB Securities Research - 4 May 2021
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