Rakuten Trade Research Reports
Technical View - CTOS Digital Bhd
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Publish date: Thu, 30 Dec 2021, 12:15 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
CTOS Digital Bhd (CTOS, 5301)
• Share price closed 2.8% higher at RM1.84 on Wednesday.
• CTOS has broken out from its rounding bottom pattern. It also managed to close above its MA20.
• Backed by the upticks in its indicators and bullish MACD crossover, CTOS is poised to move higher.
• Resistance levels are identified at RM1.90 (R1) and RM1.98 (R2).
• On the flipside, support levels are pegged at RM1.79 (S1) and RM1.72 (S2).
Source: Rakuten Research - 30 Dec 2021
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