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Supercomnet attempting to rebound northwards, says RHB Retail Research

2021-11-29T23:11:41+08:00November 29th, 2021|0 Comments
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KUALA LUMPUR (Nov 30): RHB Retail Research said Supercomnet Technologies Bhd is attempting to rebound northwards, as it bounced off the support level while touching the immediate resistance of RM1.86 yesterday.

In a trading stocks note today, the research house said if the stock breaches that level, a follow-through in bullish momentum should emerge towards the recent high of RM1.96, followed by the next resistance point of RM2.06.

“If it falls below the RM1.75 support, the momentum may be reversed,” it said.

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