Rakuten Trade Research Reports
Technical View - Artroniq Bhd
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Publish date: Fri, 21 Jan 2022, 11:50 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
Artroniq Bhd (ARTRONIQ, 0038)
• Share price closed 7% higher at RM0.615 on Thursday.
• ARTRONIQ closed above all its key moving averages with high volume yesterday. We expect the bullish crossover to happen soon with the positive buying momentum seen.
• Backed by upticks in its indicators, ARTRONIQ is poised to move higher.
• Resistance levels are identified at RM0.630 (R1) and RM0.720 (R2).
• On the flipside, support levels are pegged at RM0.580 (S1) and RM0.555 (S2).
Source: Rakuten Research - 21 Jan 2022
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