Rakuten Trade Research Reports
Technical View - SKP Resources Bhd (SKPRES, 7155)
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Publish date: Tue, 29 Jun 2021, 03:48 PM
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To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
• SKPRES ended 3.1% or 5 sen higher to RM1.68 yesterday.
• SKPRES seems to have found its support around RM1.61 level following the retracement from high of RM1.85. With upticks from key indicator RSI suggesting encouraging signs of buying interest, the stock is set to make further upward movement.
• Resistance levels are projected at RM1.85 (R1) and RM1.95 (R2).
• Conversely, support levels are set at RM1.61 (S1) and RM1.55 (S2).
Source: Rakuten Research - 29 Jun 2021
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