Rakuten Trade Research Reports
Technical View - Sunzen Biotech Bhd (SUNZEN, 0148)
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Publish date: Fri, 11 Sep 2020, 11:09 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
Sunzen Biotech Bhd (0148)
• SUNZEN gained 2.9% or 0.5 sen higher to RM0.175 yesterday.
• Share price remains firmly above all moving average amidst weakness in the overall market indicating strong buying momentum. Based on the price action movement, share price is attempting to stage a bullish breakout.
• Resistance levels are identified at RM0.185 (R1) and RM0.225 (R2).
• Conversely, support levels are expected at RM0.150 (S1) and RM0.130 (S2).
Source: Rakuten Research - 11 Sept 2020
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