Rakuten Trade Research Reports

Technical View - ATA IMS Bhd

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Publish date: Tue, 02 Mar 2021, 06:15 PM
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ATA IMS Bhd (ATAIMS, 8176)

• ATAIMS rose 2.8% or 8 sen to RM2.86 yesterday.

• Recent buying activities with improving volume indicate re-emergence of buying interest following a healthy pull back from the high of RM3.12 of late. As such, current level could represent entry opportunity.

• From the chart, resistance levels are projected at RM3.00 (R1) and RM3.12 (R2).

• On the downside, support levels are identified at RM2.70 (S1) and RM2.55 (S2).

Source: Rakuten Research - 2 Mar 2021

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