RHB Investment Research Reports

Trading Stocks - Greatech Technology

rhbinvest
Publish date: Wed, 02 Aug 2023, 10:40 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.

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Greatech Technology is poised to trend higher, as it attempted to surpass the MYR4.60 immediate resistance recently, above the rising 21-day SMA line. If it manages to surpass above that level, the stock may travel higher towards the MYR5 threshold, followed by the MYR5.20 resistance. Conversely, falling below the MYR4.38 support, beneath the SMA line, would dent sentiment and lead to a downtrend.

Source: RHB Securities Research - 2 Aug 2023

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