Rakuten Trade Research Reports
Technical View - Gagasan Nadi Cergas Bhd (NADIBHD, 0206)
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Publish date: Fri, 14 Aug 2020, 10:07 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
Gagasan Nadi Cergas Bhd
• NadiBhd rose 3 sen or 11.76% to RM0.285 yesterday.
• Yesterday’s saw a bullish breakout on the back of higher trading volume indicating renewed buying interest following recent consolidation. Should the buying momentum continue, we expect it to head towards RM0.33.
• From here, resistance levels are expected at RM0.30 (R1) and RM0.33 (R2).
• On the contrary, support levels are seen at RM0.25 (S1) and RM0.23 (S2).
Source: Rakuten Research - 14 Aug 2020
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