Rakuten Trade Research Reports
Technical View - CTOS Digital Bhd
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Publish date: Thu, 30 Jun 2022, 11:36 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
CTOS Digital Bhd (CTOS, 5301)
• Share price closed 4.1% higher at RM1.27 on Wednesday.
• CTOS broke up from its RM1.26 resistance level with higher traded volume on Wednesday.
• Backed by upticks in its indicators and bullish MACD crossover, we believe its share price is expected to move higher.
• Resistance levels are identified at RM1.35 (R1) and RM1.38 (R2).
• On the flipside, support levels are pegged at RM1.13 (S1).
Source: Rakuten Research - 30 Jun 2022
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