Rakuten Trade Research Reports
Technical View - Prolexus Bhd (PRLEXUS, 8966)
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Publish date: Wed, 19 Aug 2020, 03:49 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
Prolexus Bhd (8966)
• PRLEXUS rose 15.5% or 10 sen to RM0.745 yesterday.
• Yesterday’s active movement with positive candle indicates possible emergence of buying interest following recent share price’s pull back. Coupled with the upward movement from RSI, we expect share price to trend higher.
• As such, resistance levels are identified at RM0.79 (R1) and RM0.91 (R2).
• Conversely, support levels are seen at RM0.70 (S1) and RM0.61 (S2).
Source: Rakuten Research - 19 Aug 2020
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