Feytech Holdings – Poised for breakout from downtrend
FEYTECH appears poised to break out from its downtrend, with continued improvement in both momentum and trend anticipated in the near term.
Should immediate resistance level of RM0.245 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.265.
However, failure to hold on to support level of RM0.215 may indicate weakness in the share price and hence, a cut-loss signal, says analysts at PIB.
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