Rakuten Trade Research Reports
Technical View - Greenyield Bhd (GREENYB, 0136)
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Publish date: Wed, 21 Jul 2021, 02:49 PM
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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
• GREENYB advanced 6.7% or 2 sen to RM0.32 on Monday.
• GREENYB broke past the resistance level of RM0.30 recently and is trending above key short-term moving average line currently. Indicator MACD has turned bullish as buying momentum may go stronger, potentially to challenge next resistance of RM0.35 level.
• As such, resistance levels are at RM0.350 (R1) and RM0.385 (R2).
• For downside support, support levels are set at RM0.275 (S1) and RM0.265 (S2).
Source: Rakuten Research - 21 Jul 2021
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