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/
STRAITS closed 6.5% or 1.5 sen higher to RM0.245 yesterday.
Share price has broken from its consolidation phase with a bullish long white candle yesterday on the back of strong trading volume, which is more than 6-fold of its 20-day average.
Chart-wise, momentum indicators are showing upticks and MACD is above signal line, signalling bullish breakout out from current level.
As such, resistance levels are expected at RM0.265 (R1) and further to RM0.285 (R2).
On the flipside, support levels are found at RM0.225 (S1) and RM0.210 (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....