Rakuten Trade Research Reports

Technical View - KPJ Healthcare Bhd (KPJ, 5878)

rakutentrade
Publish date: Wed, 05 Feb 2020, 12:30 PM
rakutentrade
0 2,137
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

KPJ Healthcare Bhd (5878)

• KPJ closed unchanged at RM0.955 yesterday.

• Share price has bottomed out at RM0.88 in Oct 2019 and has since rebounded. Recently it spiked up to a high of RM1.04 on the back of the coronavirus fears. Recent pullback to RM0.955 is a good entry point and we expect it to test RM1.06 level.

• As such, resistance levels are expected at RM1.06 (R1) and RM1.16 (R2).

• On the flip side, downside support levels are expected at RM0.92 (S1) and RM0.87 (S2).

Source: Rakuten Research - 5 Feb 2020

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment