Rakuten Trade Research Reports

Technical View - Tanco Holdings Bhd

rakutentrade
Publish date: Mon, 20 Feb 2023, 11:04 AM
rakutentrade
0 2,152
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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

  • Share closed 1.14% higher at RM0.445 on Friday.
  • TANCO has been trending upwards since early February with active trading volume. It went into a slight correction recently. Nonetheless buying interest returned last Friday indicating the retracement might be over. Coupled with bullish signals, share price is expected to move higher.
  • Resistance levels are identified at RM0.48 (R1) and RM0.63 (R2).
  • On the flipside, support levels are pegged at RM0.395 (S1) and RM0.39 (S2).

Source: Rakuten Research - 20 Feb 2023

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment