Rakuten Trade Research Reports
Technical View - MMS Ventures Bhd (MMSV, 0113)
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Publish date: Mon, 30 Mar 2020, 09:46 AM
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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 gained 2.4% or 1 sen to RM0.425 last Friday.
• Last Friday’s trading indicates a positive sign on renewed buying interest on the back of higher trading volume. Share price is currently oversold and we expect it to rebound towards the RM0.50 level.
• From here, resistance levels are seen at RM0.48 (R1) and further to RM0.55 (R2)
• Conversely, support levels are identified at RM0.40 (S1) and RM0.35 (S2).
Source: Rakuten Research - 30 Mar 2020
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