KUALA LUMPUR: Shares in SMTrack Bhd rose iver 4% in early trade Tuesday following a technical buy call from PublicInvest Research.
The technology solutions provider rose 4.55%, or 0.5 sen to 11.5 sen, its highest in almost two months, with 1.3 million shares traded.
PublicInvest said SMTrack is staging a potential breakout from its sideways channel.
“Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term,” it said.
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