Rakuten Trade Research Reports
Technical View - Tasco Bhd
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Publish date: Tue, 08 Jun 2021, 10:21 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
Tasco Bhd (TASCO, 5140)
• TASCO ended 5.3% or 6 sen higher to RM1.19 last Friday.
• TASCO has been trading higher with healthy buying interest after hitting a low of RM0.97 in end-May 2021. Last week’s higher volume further reinforces stronger buying interest along with positive signs from technical indicator, share price is expected to move higher.
• Resistance levels are expected at RM1.27 (R1) and next at RM1.33 (R2).
• Conversely, support levels are seen at RM1.08 (S1) and RM1.00 (S2).
Source: Rakuten Research - 8 Jun 2021
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