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HIAPTEK PROBABLE REBOUND

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MYX:HIAPTEK   HIAP TECK VENTURE BHD
HIAPTEK
Hiaptek rebounded from EMA200.
Price has crossed 525 yearly pivot, which is deemed to act as strong support together with EMA200.
Probable EP is 525 which is the 4h pivot.
Probable TP is 600 psychological price, which is also the daily pivot and fibo618. Critical resistance for SMTM are 550 and 580.
Probable CL is 495 which is below S1 and latest swing low and also one notch below 500 psychological price. CL is proposed to be tight due to the current weaker support levels below it.

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