Rakuten Trade Research Reports
Technical View - Bonia Corporation Bhd
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Publish date: Wed, 11 May 2022, 05:14 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
Bonia Corporation Bhd (BONIA, 9288)
• Share price closed 2.6% higher at RM2.38 on Tuesday.
• BONIA is trading on an uptrend line since March. Its share price is also trading above all its key moving averages.
• As current price has fallen onto its support line, its share price is expected to move higher.
• Resistance levels are identified at RM2.44 (R1) and RM2.53 (R2).
• On the flipside, support levels are pegged at RM2.27 (S1) and RM2.09 (S2).
Source: Rakuten Research - 11 May 2022
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