Rakuten Trade Research Reports

Technical View - MI TECHNOVATION Bhd (MI Tech, 5286)

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Publish date: Mon, 30 Dec 2019, 10:07 AM
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MI Technovation Bhd (5286)

• MI closed 1.6% or 3 sen higher to RM1.89 last Friday.
• Chart-wise, share price is on a bullish uptrend channel and is likely to continue to scale higher towards the RM2.00 and RM2.20 level.
• As such, resistance levels are expected at RM1.97 (R1) and further to RM2.20 (R2).
• On the flipside, downside support levels can be seen at RM1.80 (S1) and RM1.66 (S2).

Source: Rakuten Research - 30 Dec 2019

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perseushermes

Writing something which a novice techie can chart. Where’s the added value?

2019-12-30 10:34

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