• MTAG closed 7.0% or 1.5 sen higher to RM0.23 yesterday.
• Share price has plunge 67% from its high of RM0.70 to current level. Share price have found strong support at RM0.20 level and recent trading activities may suggest a trend reversal. Should buying momentum continues, we expect it to rebound strongly to RM0.33 level.
• As such, resistance levels are expected at RM0.33 (R1) and further to RM0.39 (R2).
• On the contrary, support levels are identified at RM0.20 (S1) and RM0.15 (S2).
Source: Rakuten Research - 25 Mar 2020
Chart | Stock Name | Last | Change | Volume |
---|
Created by rakutentrade | Aug 23, 2024