Greatech Technology Bhd
has mantained its rally past the 200-day simple moving average (SMA), underpinned by growing momentum.
The share is attempting to retrace higher after a three-month correction that started in October 2025 that erased about 35% of the share value.
Overhead, the share is seeing resistance at RM1.90 and RM2.50, with the uppermost 100-day SMA line serving as nearby hurdle.
The technical indices, however, are robust with the slow-stochastic and 14-day relative strength index (RSI) both sitting at high levels of 70 points.
The daily moving average convergence/divergence (MACD) histogram is charting higher positive bars in a sign of bullish growth.
Support is pegged to RM1.65 and RM1.45.
Scicom (MSC) Bhd is making a move higher after a period of consolidation to chart another multi-year high.
Following the breach of the RM1.50 level, it appears to be making its way to higher levels of RM1.70 and RM1.90.
Looking at the technical indicators, the slow-stochastic has risen to a strong 79 points while the RSI is also firm at 69 points. The MACD, which has descended into negative territory of late, is on the verge returning to bullishness.
Support can be found at RM1.23, following which it could descend to RM1.
SD Guthrie Bhd is bouncing back after some profit-taking activities earlier this month, and could soon resume a rallying position.
The share is challenging the short-term 14 and 21-day SMA lines, following which it could ascend to the historical closing high of RM5.91.
On the technical indices, the slow-stochastic has curved out of oversold territory to 33 points, suggesting a return of buying momentum. The RSI is strong at 51 points.
Support for the share lies at RM5.50 and RM5.20.
