Rakuten Trade Research Reports
Technical View - Solution Group Bhd
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Publish date: Tue, 01 Jun 2021, 11:18 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
Solution Group Bhd (SOLUTN, 0093)
• SOLUTN ended 9.8% or 12 sen higher to RM1.35 yesterday.
• Recent price action implies the re-emergence of buying interest with a positive candlestick on the back of higher trading volume. The potential upward movement is reinforced by the upticks in key indicator RSI, thus potentially heading to higher level.
• Should it able to break March’s high of RM1.42, resistance levels are projected at RM1.50 (R1) and next at RM1.63 (R2).
• For downside support, support levels are identified at RM1.16 (S1) and RM1.11 (S2).
Source: Rakuten Research - 1 Jun 2021
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