Rakuten Trade Research Reports
Technical View - Ipmuda Bhd (IPMUDA, 5673)
rakutentrade
Publish date: Fri, 02 Jul 2021, 03:05 PM
rakutentrade
0 2,152
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
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
• IPMUDA closed 5.4% or 6 sen higher to RM1.18 yesterday.
• Yesterday’s hammer formation signals a bullish reversal following the decline from high of RM2.20. IPMUDA has also found its strong support at RM1.07 (at 23.6% Fibonacci level). Selling pressure is likely overdone as share price has just bounced off from oversold level, implying re-emergence of buying interest and thus we expect the reversal to continue in the near term.
• Resistance levels are anticipated at RM1.32 (R1) and RM1.40 (R2).
• Conversely, support levels are set at RM1.07 (S1) and RM1.00 (S2).
Source: Rakuten Research - 2 Jul 2021
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Rakuten Trade Research Reports
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-19 15:30:00
EMA 5
10 Mins
SELL
2024-11-19 15:20:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-19 15:15:00
EMA 5
5 Mins
BUY
2024-11-19 15:15:00
VOLUME BREAKOUT
5 Mins
BUY
2024-11-19 15:15:00
TURTLE SYSTEM 20
5 Mins
BUY
Apps
Top Articles
1
3
BFM Podcast
4
BFM Podcast
6
BFM Podcast
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
