Rakuten Trade Research Reports
Technical View - Advancecon Holdings Bhd (ADVCON, 5281)
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Publish date: Mon, 17 Jun 2019, 10:01 AM
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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
Advancecon Holdings Bhd (5281)
- ADVCON gained 5% or 2 sen to close at RM0.42 last Friday.
- Last Friday’s close saw the price to break its resistance level at RM0.405 with higher-thanaverage trading volume. Share price closed above all key moving averages signalling a bullish momentum on the stock price.
- From here, immediate resistance levels are expected at RM0.425(R1) and RM0.470 (R2).
- On the other hand, support levels are identified at RM0.380 (S1) and RM0.360 (S2).
Source: Rakuten Research - 17 Jun 2019
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