RHB Investment Research Reports
Trading Stocks - SFP Tech
rhbinvest
Publish date: Tue, 26 Nov 2024, 11:16 AM
rhbinvest
0 4,449
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
SFP Tech is poised to continue the upside movement after staging a bullish breakout. The stock has printed a long white candlestick and crossed above the MYR0.67 resistance, showing the underlying momentum is bullish. Riding on the bullish momentum, the counter is eyeing to test MYR0.72, followed by the MYR0.77 mark. Conversely, falling below the MYR0.62 support will negate the bullish setup and open the door for correction.
Source: RHB Securities Research - 26 Nov 2024
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