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Rakuten Trade Research Reports

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

 

Technical View- Solution Group Bhd

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Solution Group Bhd (0093)

• SOLUTN rose 7.3% or 8 sen to RM1.17 yesterday.

• Share price formed a slight rebound from recent low of RM1.05 indicating the re-emergence of buying interest. Supported by higher trading volume, we expect buying momentum to persist and likely to rebound further.

• From here, resistance levels are identified at RM1.25 (R1) and RM1.54 (R2) level.

• On the downside, support levels are seen at RM1.02 (S1) and RM0.80 (S2).

Source: Rakuten Research - 12 Jan 2021

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Labels: SOLUTN

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Chart Stock Name Last Change Volume 
SOLUTN 1.38 -0.01 (0.72%) 17,574,500 

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