Rakuten Trade Research Reports

Technical View - WCT Holdings Bhd

rakutentrade
Publish date: Thu, 19 Aug 2021, 04:06 PM
rakutentrade
0 1,962
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

WCT Holdings Bhd (WCT, 9679)

• WCT closed 1.9% or 1 sen higher to RM0.53 yesterday.

• The stock is gaining buying interest of late as it formed a breakout from a minor consolidation backed by improving trading volume. Indicator MACD could be on the verge to form a positive crossover and with such developments, we expect the buying interest to be extended.

• Resistance levels are projected at RM0.58 (R1) and RM0.605 (R2).

• On the contrary, support levels are identified at RM0.505 (S1) and RM0.495 (S2).

Source: Rakuten Research - 19 Aug 2021

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment