Rakuten Trade Research Reports
Technical View - Techbond Group Bhd
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Publish date: Thu, 04 Mar 2021, 06:25 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
Techbond Group Bhd (TECHBND, 5289)
• TECHBND gained 6.8% or 10 sen to RM1.56 yesterday.
• Yesterday’s positive candle coupled with improving volume indicates renewed buying interest following recent retracement. With key indicator RSI started to point upward and share price remains above moving average lines, buying interest is likely to persists.
• Resistance levels are seen at RM1.61 (R1) and RM1.90 (R2).
• On the contrary, support levels are identified at RM1.46 (S1) and RM1.22 (S2).
Source: Rakuten Research - 4 Mar 2021
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