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Rakuten Trade Research Reports

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

 

Technical View - PUC Bhd (PUC, 0007)

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PUC Bhd (0007)

• PUC Bhd closed at RM0.13 yesterday.

• Share price has been on an upward trend closing above key 50-day moving average line over the past few trading sessions. This indicates increasing buying momentum and interest, hence is likely to stage a bullish breakout.

• As such, resistance levels are identified at RM0.16 (R1) and RM0.20 (R2)

• On the downside, support levels are expected at RM0.10 (S1) and RM0.06 (S2).

Source: Rakuten Research - 28 Apr 2020

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Labels: PUC

Related Stocks

Chart Stock Name Last Change Volume 
PUC 0.14 0.00 (0.00%) 9,918,900 

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