Rakuten Trade Research Reports

Technical View - Heitech Padu Bhd (5028)

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Publish date: Mon, 01 Apr 2019, 12:14 PM
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Heitech Padu Bhd (5028) 

  • HTPADU gained 1 sen or 1.4% to RM0.75 last Friday.
  • HTPADU closed with a bullish white candle last Friday. The share price has been testing its resistance level at RM0.76 level and is attempting to breakout for higher level.
  • From here, should the price successfully break its R1 at RM0.76, we expect the price to trend higher to RM0.785.
  • However, support levels are identified at RM0.700 (S1) and RM0.690 (S2). 

Source: Rakuten Research - 1 Apr 2019

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