Rakuten Trade Research Reports
Technical View - Harn Len Corporation Bhd
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Publish date: Mon, 07 Mar 2022, 09:54 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
Harn Len Corporation Bhd (HARNLEN, 7501)
• Share price closed 2.1% higher at RM0.97 on Friday.
• HARNLEN has been trading on a mid-term uptrend since mid-January. Its share price is currently trading above all its key moving averages.
• Coupled with uptick in its indicator, we anticipate the share price to move higher.
• Resistance levels are identified at RM1.05 (R1) and RM1.24 (R2).
• On the flipside, support levels are pegged at RM0.87 (S1) and RM0.78 (S2).
Source: Rakuten Research - 7 Mar 2022
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