Rakuten Trade Research Reports
Technical View - Tasco Berhad
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Publish date: Fri, 29 Jul 2022, 10:07 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
Tasco Berhad (TASCO, 5140)
• Share price closed 2.1% higher at RM0.97 on Thursday.
• TASCO broke out from its resistance yesterday at RM0.965. It is currently trading above its MA 20 and MA 50 lines. As the indicators are showing uptick momentum, share price is expected to move higher.
• Resistance levels are identified at RM0.99 (R1) and RM1.08 (R2).
• On the flipside, support levels are pegged at RM0.865 (S1) and RM0.84 (S2).
Source: Rakuten Research - 29 Jul 2022
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