RESINTECH BHD

Hit TP - Overbought Alert

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Resintech opened with a gap above our target level at 0.645, which likely to be an exhaustion gap as the overbought alert is seen on daily RSI. The price however, failed to close above Fibonacci barrier at 0.825. Be cautious as the price is likely to pull back from resistance level. New support level is seen at 0.645.

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Bullish Continuation

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