Rakuten Trade Research Reports
Technical View - Capital A Bhd
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Publish date: Thu, 02 Mar 2023, 10:34 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
- Share price closed 2.90% higher at RM0.71 on Wednesday.
- CAPITALA registered its 1st quarterly profit of RM256m since the pandemic. Share price closed above all key moving average lines yesterday with improved trading volume. Coupled with indicators showing uptick momentum, share price is expected to move higher.
- Resistance levels are identified at RM0.74 (R1) and RM0.765 (R2).
- On the flipside, support levels are pegged at RM0.67 (S1) and RM0.655 (S2).
Source: Rakuten Research - 2 Mar 2023
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