Rakuten Trade Research Reports
Technical View - Asia Poly Holdings Bhd
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Publish date: Thu, 15 Apr 2021, 09:53 AM
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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 (ASIAPLY, 0105)
• ASIAPLY gained 6.6% or 2.5 sen to RM0.405 yesterday.
• ASIAPLY tested its resistance of RM0.40 level and rose with higher-than-average trading volume yesterday. As share price is trading above short term upward sloping moving average lines, there is higher possibility for the share price to move higher.
• As such, resistance levels are expected at RM0.45 (R1) and further to RM0.50 (R2).
• Conversely, support levels are projected at RM0.375 (S1) and RM0.365 (S2).
Source: Rakuten Research - 15 Apr 2021
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