Rakuten Trade Research Reports
Technical View - Ajiya Bhd
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Publish date: Mon, 24 Jan 2022, 11:53 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
Ajiya Bhd (AJIYA, 7609)
• Share price closed 5.4% higher at RM1.18 on Friday.
• AJIYA has formed a morning doji star pattern on the last 3 trading days and closed above all its key moving averages.
• Backed by upticks in its indicators and uptrend movement, AJIYA is poised to move higher.
• Resistance levels are identified at RM1.19 (R1) and RM1.30 (R2).
• On the flipside, support levels are pegged at RM1.12 (S1) and RM0.975 (S2).
Source: Rakuten Research - 24 Jan 2022
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