Rakuten Trade Research Reports
Technical View - Orgabio Holdings Berhad
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Publish date: Fri, 09 Dec 2022, 10:57 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
Orgabio Holdings Berhad (ORGABIO, 0252)
• Share price closed 12.9% higher at RM 0.35 on Thursday.
• ORGABIO share price broke out from its resistance levels of RM0.33, RM0.335 and RM0.34 with high buying volume yesterday. It is now trading above its key moving average lines. Coupled with indicators showing uptick momentum, the share price is expected to propel higher.
• Resistance levels are identified at RM0.385 (R1) and RM0.445 (R2).
• On the flipside, support levels are pegged at RM0.285 (S1) and RM0.28 (S2).
Source: Rakuten Research - 9 Dec 2022
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