Serba Dinamik Holdings Bhd (5279)
- SERBADK gained 1.6% or 7 sen to RM4.37 yesterday.
- Share price has been on an uptrend and rallied to its all-time-high of RM4.56 recently. Yesterday’s move also sent the price to close with a bullish white candle, trading above all key moving averages, signalling positive buying momentum ahead.
- As such, resistance levels are expected at RM4.40 (R1) and RM4.56 (R2).
- Conversely, support levels are found at RM4.16 (S1) and RM4.00 (S2).
Source: Rakuten Research - 29 Aug 2019