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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Tue, 13 Oct 2020, 9:56 AM

 

Technical View - Sunzen Biotech Bhd (SUNZEN, 0148)

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Sunzen Biotech Bhd (0148)

• SUNZEN gained 2.9% or 0.5 sen higher to RM0.175 yesterday.

• Share price remains firmly above all moving average amidst weakness in the overall market indicating strong buying momentum. Based on the price action movement, share price is attempting to stage a bullish breakout.

• Resistance levels are identified at RM0.185 (R1) and RM0.225 (R2).

• Conversely, support levels are expected at RM0.150 (S1) and RM0.130 (S2).

Source: Rakuten Research - 11 Sept 2020

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Labels: SUNZEN

Related Stocks

Chart Stock Name Last Change Volume 
SUNZEN 0.15 -0.01 (6.25%) 2,441,700 

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