Rakuten Trade Research Reports
Technical View - Ramssol Group Berhad
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Publish date: Mon, 12 Sep 2022, 09:34 AM
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Ramssol Group Berhad (RAMSSOL, 0236)
• Share price closed 4.12% higher at RM0.505 on Friday.
• RAMSSOL has garnered some trading volume recently and closed above its MA 20 and MA 50 lines. The share price broke out from its resistance level of RM0.495 last Friday and attempted to move higher with indicators showing uptick momentum.
• Resistance levels are identified at RM0.505 (R1) and RM0.53 (R2).
• On the flipside, support levels are pegged at RM0.485 (S1) and RM0.465 (S2).
Source: Rakuten Research - 12 Sept 2022
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