Rakuten Trade Research Reports
Technical View - Zecon Bhd (ZECON, 7028)
rakutentrade
Publish date: Fri, 14 Feb 2020, 03:10 PM
rakutentrade
0 2,000
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
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
Zecon Bhd (7028)
• ZECON closed flat at RM0.63 yesterday.
• Share price has been trading above the upward sloping 50-day SMA, anchoring at strong support level. Key indicators are showing increasing buying momentum buoyed by news on the proposed stimulus package to be announced soon. Since there have been renewed interest within the construction sector, share price may see a bullish breakout above the RM0.70 level.
• From here, resistance levels are expected at RM0.685 (R1) and further to RM0.700 (R2).
• Conversely, downside support levels are expected at RM0.580 (S1) and RM0.510 (S2).
Source: Rakuten Research - 14 Feb 2020
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Rakuten Trade Research Reports
EPB Group Berhad - Top Solutions Provider for Food Processing
Created by rakutentrade | Aug 23, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
Apps
Top Articles
1
2
The Alpha Trader
3
save malaysia!
4
Good Articles to Share
'Things will get worse' — PM Starmer says fixing UK problems will take time
5
Good Articles to Share
US Fed mortgage bond holdings play 'central' policy rule, paper says
6
Good Articles to Share
25-year-olds are running Kamala Harris’ social media campaign: Report
7
Good Articles to Share
SpaceX to return Boeing's Starliner astronauts from space next year
8
Good Articles to Share
Commuting in a kayak a breath of fresh air for Shanghai office worker
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
