Systech is poised to move higher as it breached above the immediate resistance on high trading volume. The bullish bias emerged above the MYR0.315 resistance-turned-support level. This may lift the stock towards the next hurdle of MYR0.42, followed by MYR0.52. If the stock falls below the MYR0.29 support, the expectation will be nullified.
Source: RHB Securities Research - 22 Jun 2021
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