Rakuten Trade Research Reports
Technical View - Lagenda Properties Bhd
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Publish date: Fri, 29 Oct 2021, 12:16 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
Lagenda Properties Bhd (LAGENDA, 7179)
• Share price closed 1.9% higher at RM1.63 on Thursday.
• LAGENDA has been trending higher with higher lows shown since mid of August. Yesterday, it has shown substantial buying interest during last trading hour.
• The share price is now trading above all key moving averages. Backed by upticks in its indicators, the share price is poised to move higher.
• Resistance levels are identified at RM1.68 (R1) and RM1.80 (R2).
• On the flipside, support levels are pegged at RM1.56 (S1) and RM1.42 (S2).
Source: Rakuten Research - 29 Oct 2021
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