Rakuten Trade Research Reports
Technical View- I-Stone Group Bhd (0209)
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Publish date: Fri, 13 Nov 2020, 09:30 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
i-Stone Group Bhd (0209)
• ISTONE gained 2.1% or 0.5 sen to RM0.24 yesterday.
• Share price has broken above key moving average lines recently supported by improving trading volume. Furthermore, key technical indicators are flashing positive signals, hence share price is likely to stage a bullish breakout from current levels.
• From here, resistance levels are identified at RM0.27 (R1) and RM0.325 (R2) level.
• For downside support, support levels are at RM0.18 (S1) and RM0.15 (S2).
Source: Rakuten Research - 13 Nov 2020
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