Rakuten Trade Research Reports
Technical View - Hextar Healthcare Bhd
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Publish date: Tue, 15 Nov 2022, 09:06 AM
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To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Hextar Healthcare Bhd (HEXCARE, 7803)
• Share price closed 2.27% higher at RM0.45 on Monday.
• HEXCARE is pending a breakout from its flag formation. In line with the surge in the glove counters recently, HEXCARE has gained interest for the past 2 trading days with decent buying interests. As MACD crossover and indicators are showing bullish signals, share price is expected to trend higher.
• Resistance levels are identified at RM0.48 (R1) and RM0.49 (R2).
• On the flipside, support levels are pegged at RM0.415 (S1) and RM0.41 (S2).
Source: Rakuten Research - 15 Nov 2022
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