Technical Base Forming–Systech Bhd (0050)

Current Price: RM0.335

Support (S1, S2): RM0.305, RM0.315

Resistance (R1, R2/TP): RM0.360, RM0.400

Systech Bhd (KLSE: SYSTECH) has been in a downtrend since June 2024, however with a strong support base forming between the key RM0.305 level to RM0.330 level. As indicated by the bottom chart, we also see a slow accumulation process is ongoing for SYSTECH.

Resistance wise, we see some selling pressure at RM0.360 level onwards to RM0.400, which could be our profit taking levels respectively. Based on the subsided selling pressure, we think now (RM0.335) is a good BUY opportunity for SYSTECH.

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Technical Base Forming–Systech Bhd (0050)

Current Price: RM0.335

Support (S1, S2): RM0.305, RM0.315

Resistance (R1, R2/TP): RM0.360, RM0.400

Systech Bhd (KLSE: SYSTECH) has been in a downtrend since June 2024, however with a strong support base forming between the key RM0.305 level to RM0.330 level. As indicated by the bottom chart, we also see a slow accumulation process is ongoing for SYSTECH.

Resistance wise, we see some selling pressure at RM0.360 level onwards to RM0.400, which could be our profit taking levels respectively. Based on the subsided selling pressure, we think now (RM0.335) is a good BUY opportunity for SYSTECH.

 $KLSE-SYSTECH