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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Mon, 25 Mar 2019, 12:00 PM

 

Technical View -TRC Synergy Bhd (TRC, 5054)

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TRC Synergy Bhd (5054) 

  • TRC gained 7.5 sen or 13.16% to close at RM0.645 yesterday.
  • TRC formed a long bullish white candle with resistance breakout yesterday signalling stronger buying interest.
  • Furthermore, the upticks seen in key indicators amid the improving sentiment in the construction sector also added positive momentum to the stocks
  • From here, resistance levels are expected at RM0.660 (R1) and further to RM0.695 (R2).
  • Conversely, support levels can be seen at RM0.520 (S1) and RM0.510 (S2).

Source: Rakuten Research - 14 Mar 2019

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Labels: TRC

Related Stocks

Chart Stock Name Last Change Volume 
TRC 0.645 -0.015 (2.27%) 1,835,200 

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