Rakuten Trade Research Reports

Technical View - Securemetric Bhd (SMETRIC, 0203)

rakutentrade
Publish date: Wed, 30 Oct 2019, 02:17 PM
rakutentrade
0 1,962
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/

To sign up for an account: http://bit.ly/40BNqKI

Rakuten Trade

Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my

Securemetric Bhd (0203)

• SMETRIC surged 17.9% or 8.5 sen to RM0.56 yesterday buoyed by the corporate exercise announcement of proposed bonus issue and free warrants.

• The bullish long white candle on the back of higher trading volume yesterday coupled with key positive technical indicators are likely to see follow through buying, possibly breaking above RM0.60 level to chart new highs.

• From here, resistance levels are expected at RM0.61 (R1) and RM0.65 (R2).

• On the contrary, downside support levels are found at RM0.505 (S1) and RM0.475 (S2).

Source: Rakuten Research - 30 Oct 2019

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 1 of 1 comments

peter Too

code 0203.smetric.goreng,goreng,goreng.....

2020-02-13 01:15

Post a Comment