Rakuten Trade Research Reports
Technical View - Solution Group Bhd
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Publish date: Tue, 30 Nov 2021, 09:35 AM
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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
Solution Group Bhd (SOLUTN, 0093)
• Share price closed 16.4% higher at RM0.64 on Monday.
• SOLUTN broke out from the symmetrical triangle with higher buying volume yesterday. Hence, it has closed above all its key moving averages.
• Backed by uptick in its indicators and buying interest seen last trading hour yesterday, the share price is poised to move higher.
• Resistance levels are identified at RM0.72 (R1) and RM0.91 (R2).
• On the flipside, support levels are pegged at RM0.56 (S1) and RM0.45 (S2).
Source: Rakuten Research - 30 Nov 2021
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