Rakuten Trade Research Reports
Technical View - MSM Malaysia Holdings Bhd (MSM,5202)
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Publish date: Fri, 19 Jun 2020, 01:00 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
MSM Malaysia Holdings Bhd (5202)
• MSM ended 6.9% or 4 sen higher to close at RM0.62 yesterday.
• Recent price action sees renewed buying interest with higher-than-average trading volume. With positive readings from key indicator, share price is expected to move higher.
• As such, resistance levels are expected at RM0.76 (R1) and RM0.82 (R2).
• On the downside, support levels are seen at RM0.59 (S1) and RM0.50 (S2).
Source: Rakuten Research - 19 Jun 2020
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