Rakuten Trade Research Reports

Technical View - Prolexus Bhd (PRLEXUS, 8966)

rakutentrade
Publish date: Thu, 17 Jun 2021, 03:43 PM
rakutentrade
0 2,160
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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

• PRLEXUS ended 6.0% or 7 sen higher to RM1.23 yesterday.

• PRLEXUS is set to extend its upward momentum following a bullish breakout of its key resistance level around RM1.20. With share price trading firmly above short and mid-term moving average lines, the positive buying momentum may push the stock to higher levels.

• Resistance levels are identified at RM1.35 (R1) and next at RM1.45 (R2).

• For downside, support levels are set at RM1.18 (S1) and RM1.06 (S2).

Source: Rakuten Research - 17 Jun 2021

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment