Rakuten Trade Research Reports
Technical View - Asia Poly Holdings Bhd
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Publish date: Thu, 18 Feb 2021, 06:15 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
Asia Poly Holdings Bhd (0105)
• ASIAPLY rose 10.9% or 3 sen to RM0.305 yesterday.
• Recent share price movement suggests renewed buying interest with improving trading volume. Key technical indicator RSI is moving upward, displaying some buying strength hence we expect share price to go higher.
• From here, resistance levels are projected at RM0.34 (R1) and further to RM0.40 (R2).
• Conversely, support levels are seen at RM0.27 (S1) and RM0.25 (S2).
Source: Rakuten Research - 18 Feb 2021
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