Rakuten Trade Research Reports
Technical View - Prestar Resources Bhd
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Publish date: Thu, 21 Apr 2022, 09:50 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
Prestar Resources Bhd (PRESTAR, 9873)
• Share price closed 4.69% higher at RM0.67 on Wednesday.
• It broke out from its RM0.65 resistance level and closed above all its key moving average lines today. It also formed three white soldiers during the past 3 trading days.
• Coupled with its uptick in RSI and MACD indicators, its share price is expected to move higher.
• Resistance level is identified at RM0.74 (R1).
• On the flipside, support levels are pegged at RM0.62 (S1) and RM0.61 (S2).
Source: Rakuten Research - 21 Apr 2022
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