Rakuten Trade Research Reports
Technical View - Prestar Resources Bhd (PRESTAR, 9873)
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Publish date: Mon, 09 Aug 2021, 03:33 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
• PRESTAR closed 6.6% or 7 sen higher to RM1.13 last Friday.
• The stock broke its resistance level last Friday along with strong buying interest as the stock closed at intra-day high. The positive candlestick is supported by higher trading volume as the key indicator MACD turned bullish recently, there is a higher possibility for the stock to challenge higher level.
• Resistance levels are projected at RM1.22 (R1) and RM1.30 (R2).
• On the flip side, support levels are at RM1.02 (S1) and RM0.99 (S2).
Source: Rakuten Research - 9 Aug 2021
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