Rakuten Trade Research Reports
Technical View - PUC Bhd (PUC, 0007)
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Publish date: Tue, 28 Apr 2020, 09:51 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
PUC Bhd (0007)
• PUC Bhd closed at RM0.13 yesterday.
• Share price has been on an upward trend closing above key 50-day moving average line over the past few trading sessions. This indicates increasing buying momentum and interest, hence is likely to stage a bullish breakout.
• As such, resistance levels are identified at RM0.16 (R1) and RM0.20 (R2)
• On the downside, support levels are expected at RM0.10 (S1) and RM0.06 (S2).
Source: Rakuten Research - 28 Apr 2020
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