Rakuten Trade Research Reports
Technical View - Ajiya Berhad
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Publish date: Tue, 06 Sep 2022, 09:28 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
Ajiya Berhad (AJIYA, 7609)
• Share price closed 5.46% higher at RM1.16 on Monday.
• AJIYA broke out from its resistance level at RM1.14 yesterday with high buying volume. With a bullish MACD crossover and the indicators are also showing uptick momentum, share price is expected to propel higher.
• Resistance levels are identified at RM1.20 (R1) and RM1.23 (R2).
• On the flipside, support levels are pegged at RM1.07 (S1) and RM1.02 (S2).
Source: Rakuten Research - 6 Sept 2022
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