RHB Retail Research
Trading Stocks - JF Technology
JF Technology is poised for a reversal as it jumped above the immediate resistance, on higher trading volume. The bullish bias has emerged above the MYR1.36 resistance-turned support level. The bullish momentum is expected to lift the stock towards the next resistance of MYR1.48, then MYR1.54. However, if the stock falls below the MYR1.32 support level, the price trend may change direction.
Source: RHB Securities Research - 21 Jun 2021
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