Rakuten Trade Research Reports

Technical View - Serba Dinamik Holdings Bhd SERBADK (5279)

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Publish date: Thu, 29 Aug 2019, 11:49 AM
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Serba Dinamik Holdings Bhd (5279)

  • SERBADK gained 1.6% or 7 sen to RM4.37 yesterday.
  • Share price has been on an uptrend and rallied to its all-time-high of RM4.56 recently. Yesterday’s move also sent the price to close with a bullish white candle, trading above all key moving averages, signalling positive buying momentum ahead.
  • As such, resistance levels are expected at RM4.40 (R1) and RM4.56 (R2).
  • Conversely, support levels are found at RM4.16 (S1) and RM4.00 (S2).

Source: Rakuten Research - 29 Aug 2019

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