Rakuten Trade Research Reports
Technical View - Agmo Holdings Bhd
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Publish date: Thu, 23 Feb 2023, 10:40 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 (AGMO, 0258)
• Share closed 3.60% higher at RM0.72 on Wednesday.
• AGMO rebounded marginally after reaching near its support at RM0.685 and broke out from its resistance level at RM0.71 with improved buying volume. Coupled with indicators showing uptick momentum, share price is expected to move higher.
• Resistance levels are identified at RM0.77 (R1) and RM0.785 (R2).
• On the flipside, support levels are pegged at RM0.685 (S1) and RM0.665 (S2).
Source: Rakuten Research - 23 Feb 2023
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