An official blog in I3investor to publish research reports provided by Rakuten Trade research team.
All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
REACH closed at RM0.375 yesterday, down 1 sen or 2.60%.
Recent positive news on the discovery of oil-bearing reservoir in Kazakhstan coupled with current favourable oil price could emerge as a potential catalyst for share price rebound.
Hence, we expect follow-through buying momentum to next level at RM0.415 (R1) and possibly further to RM0.460 (R2).
Meanwhile, immediate supports are expected at RM0.350 (S1) and RM0.345 (S2).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....