Rakuten Trade Research Reports
Technical View - Tune Protect Group Bhd
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Publish date: Tue, 09 Nov 2021, 12:09 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
Tune Protect Group Bhd (TUNEPRO, 5230)
• Share price closed 2.0% higher at RM0.505 on Monday.
• TUNEPRO trended higher along its MA20 and broke out from its consolidation yesterday. The share price closed above all its moving averages.
• Backed by upticks in its RSI indicator, the share price is poised to move higher.
• Resistance levels are identified at RM0.515 (R1) and RM0.530 (R2).
• On the flipside, support levels are pegged at RM0.490 (S1) and RM0.470 (S2).
Source: Rakuten Research - 9 Nov 2021
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