Rakuten Trade Research Reports
Technical View - OpenSys (M) Bhd (OPENSYS,0040)
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Publish date: Fri, 05 Jun 2020, 05:55 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
OpenSys (M) Bhd (0040)
• OPENSYS gained 8.0% or 3.5 sen to RM0.47 yesterday.
• Recent uptrend has seen increasing trading volume with bullish bias. Technical indicator RSI is flashing positive signals with imminent breakout above RM0.50 and potentially heading towards RM0.60 level.
• Resistance levels are identified at RM0.50 (R1) and RM0.55 (R2).
• On the downside, support levels are seen at RM0.42 (S1) and RM0.39 (S2).
Source: Rakuten Research - 5 Jun 2020
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