KUALA LUMPUR (July 20): RHB Retail Research said Systech Bhd has been showing signs of holding above the 16.5 sen support level over the latest two sessions – a level that coincides with the 21-day SMA line.
In a tarding stocks note today, the research house said a positive bias may emerge above this point with resistance levels pegged at 18.5 sen followed by 19.5 sen.
“A stop-loss can be placed below 16.5 sen,” it said.