Rakuten Trade Research Reports

Technical View - Binasat Communications Bhd

rakutentrade
Publish date: Mon, 01 Nov 2021, 12:20 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

Binasat Communications Bhd (BINACOM, 0195)

• Share price closed 2.6% higher at RM0.39 on Friday.

• BINASAT closed above all its key moving averages. There is a golden MACD crossover in its MACD indicator.

• Backed by upticks in its indicators, the share price is poised to move higher.

• Resistance levels are identified at RM0.430 (R1) and RM0.465 (R2).

• On the flipside, support levels are pegged at RM0.380 (S1) and RM0.365 (S2).

Source: Rakuten Research - 1 Nov 2021

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

Post a Comment