Rakuten Trade Research Reports
Technical View - AYS Ventures Berhad
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Publish date: Wed, 10 Aug 2022, 10:50 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
AYS Ventures Berhad (AYS, 5021)
• Share price closed 6.59% higher at RM0.485 on Tuesday.
• AYS broke out from its resistance level of RM0.475 yesterday with higher buying volume. It is now standing above the MA 20 and MA 50 lines. Its indicators are showing uptick momentum, therefore share price is expected to move higher.
• Resistance levels are identified at RM0.50 (R1) and RM0.51 (R2).
• On the flipside, support levels are pegged at RM0.425 (S1) and RM0.415 (S2).
Source: Rakuten Research - 10 Aug 2022
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