Rakuten Trade Research Reports
Technical View - Bahvest Resources Bhd
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Publish date: Thu, 14 Jan 2021, 06:16 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
Bahvest Resources Bhd (0098)
• BAHVEST advanced 6.9% or 3.5 sen to RM0.545 yesterday.
• Chart-wise, share price staged a breakout rebounding from the recent pull back indicating renewed buying interest. With positive upticks in key technical indicators, we expect further follow through buying to continue.
• As such, resistance levels are expected at RM0.575 (R1) and RM0.610 (R2) level.
• On the downside, support levels are set at RM0.460 (S1) and RM0.400 (S2).
Source: Rakuten Research - 14 Jan 2021
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