Rakuten Trade Research Reports
Technical View - Sern Kou Resources Bhd
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Publish date: Wed, 10 Nov 2021, 12:10 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
Sern Kou Resources Bhd (SERNKOU, 7180)
• Share price closed 2.4% higher at RM0.64 on Tuesday.
• SERNKOU trended higher along the trendline as shown above. The share price has broken out from its rounding bottom formation with higher volume yesterday.
• Backed by upticks and bullish signals from its indicators, the share price is poised to move higher.
• Resistance levels are identified at RM0.700 (R1) and RM0.795 (R2).
• On the flipside, support levels are pegged at RM0.630 (S1) and RM0.570 (S2).
Source: Rakuten Research - 10 Nov 2021
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