Rakuten Trade Research Reports
Technical View - FGV Holdings Bhd (FGV, 5222)
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Publish date: Wed, 12 Jun 2019, 05:21 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
FGV (5222)
- FGV gained 4 sen to close at RM1.18 yesterday.
- Chartwise, FGV’s uptrend remains intact and is currently hovering at its resistance level and consolidating before staging a major breakout
- We expect share price to continue trending higher and retest resistance levels at RM1.18 (R1) and possibly to RM1.28 (R2).
- On the other hand, support levels are identified at RM1.11 (S1) and RM1.09 (S2).
Source: Rakuten Research - 12 Jun 2019
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