Rakuten Trade Research Reports
Technical View - Foundpac Group Bhd (FPGROUP, 5277)
rakutentrade
Publish date: Mon, 05 Jul 2021, 02:44 PM
rakutentrade
0 1,840
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
• FPGROUP closed 3.8% or 3 sen higher to RM0.83 last Friday.
• After touching a high of RM1.23 in July 2020, share price has been trending downward to a low of RM0.705 in May 2021. Since then, buying interest emerges and share price is forming a rebound with high low structures.
• FPGROUP is building a rounding bottom pattern, suggesting possible trend reversal while last Friday’s positive breakout with a volume spike reinforced stronger buying momentum in the near term.
• Resistance levels are projected at RM0.91 (R1) and RM0.98 (R2).
• For downside support, support levels are set at RM0.77 (S1) and RM0.75 (S2).
Source: Rakuten Research - 5 Jul 2021
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Rakuten Trade Research Reports
Foreign Equities (HK): CNOOC LTD - and Positive Technical Indicators.
Created by rakutentrade | Apr 16, 2024
SNS Network Technology - Capitalizing AI & Data Centre Opportunities
Created by rakutentrade | Apr 15, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-04-19 16:50:00
EMA 5
5 Mins
SELL
2024-04-19 16:50:00
ADX
5 Mins
SELL
2024-04-19 16:10:00
EMA 5
5 Mins
BUY
2024-04-19 16:05:00
ADX
5 Mins
BUY
2024-04-19 16:00:00
EMA 5
5 Mins
SELL
Apps
Top Articles
2
3
4
5
Good Articles to Share
6
7
8
Koon Yew Yin's Blog
#
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....
