• REVENUE declined 5.6% or 11 sen to RM1.85 yesterday.
• Share price hit a high of RM2.14 recently and formed a healthy pull back to current level. Chart-wise, share price is trading firmly above the upward sloping short-term moving average line thus the uptrend is still intact suggesting entry opportunity at current level.
• Resistance levels are projected at RM2.00 (R1) and RM2.14 (R2).
• On the contrary, support levels are identified at RM1.80 (S1) and RM1.76 (S2).
Source: Rakuten Research - 3 Mar 2021
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Created by rakutentrade | Nov 05, 2024