Nott Invest

MPAY - Could Trend Higher?

Nott_Invest
Publish date: Mon, 13 Sep 2021, 09:40 AM
Nott Invest Analyses

MPAY

Sector: Technology

Analysed on 13/09/2021

 

MPAY managed to break its resistance at RM0.265 but could not stay above recently. Both EMA25 and EMA50 are trending upward provide an indication that MPAY is on uptrend. Investors should take note that MPAY may announce its QR soon. Investors who have interest on MPAY may monitor and revisit MPAY after the release of its QR to avoid QR bomb.

 

Reason to Monitor: Potential Technical Breakout

 

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