• MTAG rose 1.8% or 1.5 sen to RM0.84 yesterday.
• Recent minor pull back from a high of RM0.86 could provide buying opportunities. Meanwhile, share price is trading above upward sloping short-term moving average line indicating buying momentum remains intact.
• From here, resistance levels are projected at RM0.89 (R1) and further to RM0.98 (R2).
• On the contrary, support levels are set at RM0.805 (S1) and RM0.710 (S2).
Source: Rakuten Research - 15 Feb 2021
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Created by rakutentrade | Aug 23, 2024