Rakuten Trade Research Reports

Technical View - SNS Technology Berhad

Publish date: Tue, 28 Mar 2023, 09:22 AM
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SNS Technology Berhad

  • Share price closed 10.87% higher at RM0.255 on Monday.
  • SNS broke out from its resistance level at RM0.24 yesterday with strong buying interests. Share price is trading within the narrow range since listing. Coupled with MACD crossover and indicators showing uptick momentum, share price is expected to move higher.
  • Resistance levels are identified at RM0.255 (R1) and RM0.26 (R2).
  • On the flipside, support levels are pegged at RM0.24 (S1) and RM0.235 (S2).

Source: Rakuten Research - 28 Mar 2023

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