Rakuten Trade Research Reports
Technical View - Heveaboard Bhd
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Publish date: Tue, 09 Feb 2021, 06:21 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
Heveaboard Bhd (5095)
• HEVEA rose 5.5% or 3.5 sen to RM0.67 yesterday.
• Share price formed a positive candle yesterday with higher trading volume. Key momentum indicator RSI is pointing upward suggesting encouraging signals and hence share price is expected to move higher.
• From here, resistance levels are seen at RM0.69 (R1) and further to RM0.79 (R2).
• On the contrary, support levels are projected at RM0.61 (S1) and RM0.60 (S2).
Source: Rakuten Research - 9 Feb 2021
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