Rakuten Trade Research Reports
Technical View- Homeritz Corporation Bhd
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Publish date: Mon, 28 Dec 2020, 05:37 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
Homeritz Corporation Bhd (5160)
• HOMERIZ ended 7.6% or 5 sen higher to RM0.705 last Thursday.
• Recent rebound from low of RM0.615 accompanied by higher trading volume suggest renewed buying interest, indicating positive signs. With encouraging signals from key indicator RSI, buying momentum is likely to continue.
• From the chart, immediate resistance level is at RM0.71 (R1) and should it break the first level, next resistance is identified at RM0.83 (R2).
• For the downside, support levels are expected at RM0.63 (S1) and RM0.55 (S2).
Basic Data Technical Rati
Source: Rakuten Research - 28 Dec 2020
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