Rakuten Trade Research Reports
Technical View- QES Group Bhd (0196)
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Publish date: Mon, 16 Nov 2020, 08:52 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
QES Group Bhd (0196)
• QES closed 3.2% or 1 sen higher to RM0.32 last Friday.
• Chart-wise, share price is currently trading above all key moving averages while key technical indicators are showing positive momentum with improving buying support. Hence, it is likely to see further upside.
• From here, resistance levels are seen at RM0.37 (R1) and RM0.405 (R2) level.
• For the downside, support levels are at RM0.28 (S1) and RM0.24 (S2).
Source: Rakuten Research - 16 Nov 2020
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