Rakuten Trade Research Reports
Technical View -TRC Synergy Bhd (TRC, 5054)
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Publish date: Thu, 14 Mar 2019, 03:58 PM
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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/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
TRC Synergy Bhd (5054)
- TRC gained 7.5 sen or 13.16% to close at RM0.645 yesterday.
- TRC formed a long bullish white candle with resistance breakout yesterday signalling stronger buying interest.
- Furthermore, the upticks seen in key indicators amid the improving sentiment in the construction sector also added positive momentum to the stocks
- From here, resistance levels are expected at RM0.660 (R1) and further to RM0.695 (R2).
- Conversely, support levels can be seen at RM0.520 (S1) and RM0.510 (S2).
Source: Rakuten Research - 14 Mar 2019
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