Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Wed, 13 Jan 2021, 6:07 PM


Technical View - Bahvest Resources Bhd (BAHVEST, 0098)

Author:   |    Publish date:

Bahvest Resources Bhd (0098)

• BAHVEST rose 3.6% or 2 sen to close at RM.0.57 yesterday.

• Technically, key momentum indicators are displaying encouraging signs as yesterday’s move also marked a positive candle supported by higher trading volume. As such, we expect share price to trend higher towards the RM0.60 level.

• Resistance levels are expected at RM0.60 (R1) and further to RM0.65 (R2).

• Conversely, downside support levels can be expected at RM0.50 (S1) and RM0.44 (S2).

Source: Rakuten Research - 24 Jan 2020

Share this

Related Stocks

Chart Stock Name Last Change Volume 
BAHVEST 0.555 +0.005 (0.91%) 2,427,100 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

345  510  608  1040 

Top 10 Active Counters
 LAMBO 0.030.00 
 PRG 0.2850.00 
 PHB 0.03+0.005 
 PNEPCB 0.385-0.035 
 XOX 0.10-0.005 
 KANGER 0.145-0.005 
 KGROUP 0.045-0.005 
 ASIAPLY 0.325+0.025 
 AT 0.175-0.01 
 KSTAR 0.270.00 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!