Rakuten Trade Research Reports
Technical View - Agmo Holdings Bhd
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Publish date: Thu, 19 Jan 2023, 11:00 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
Agmo Holdings Bhd
• Share price closed 4.38% higher at RM0.715 on Wednesday.
• AGMO has been hovering at its support level of RM0.665 with thin volume since end December. A longer white candlestick was seen yesterday with decent buying interest. Coupled with bullish indicators showing uptick momentum, share price is expected to move higher.
• Resistance levels are identified at RM0.71 (R1) and RM0.74 (R2).
• On the flipside, support levels are pegged at RM0.665 (S1) and RM0.62 (S2).
Source: Rakuten Research - 19 Jan 2023
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