Rakuten Trade Research Reports
Technical View - MMS Ventures Bhd (MMSV, 0113)
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Publish date: Fri, 28 Feb 2020, 12:52 PM
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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
MMS Ventures Bhd (0113)
• MMSV ended 3.5 sen or 4.5% lower to RM0.74 yesterday.
• Share price hit a high of RM0.92 recently before retracing to current level. However, we believe the pull back is healthy and share price may consolidate before rebounding towards the RM0.83 level.
• As such, resistance levels are expected at RM0.83 (R1) and further to RM0.88 (R2).
• On the contrary, downside support levels are expected at RM0.70 (S1) and RM0.66 (S2).
Source: Rakuten Research - 28 Feb 2020
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