Rakuten Trade Research Reports
Technical View - Radiant Globaltech Bhd (RGTECH, 0202)
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Publish date: Wed, 18 Dec 2019, 10:36 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
Radiant Globaltech Bhd (0202)
• RGTECH gained 6.3% or 2 sen to RM0.335 yesterday.
• Yesterday’s positive close following recent pull back from its 52-week high of RM0.355 level is showing signs of consolidation before moving higher. With share price trading above all key moving averages, it is likely to retest its recent high and head towards to RM0.36 level.
• Resistance levels are expected at RM0.355 (R1) and further to RM0.380 (R2).
• Conversely, support levels can be seen at RM0.300 (S1) and RM0.280 (S2).
Source: Rakuten Research - 18 Dec 2019
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