Sunview Group Berhad

• Share price closed 4.46% higher at RM0.82 on Wednesday.

• SUNVIEW went into a consolidation phase after hitting its new high at RM0.93 in February. It has rebounded slightly from its support level at RM0.74 with improved buying volume over the past 2 trading days. Coupled with bullish indicators showing uptick momentum, share price is expected to move higher.

• Resistance levels are identified at RM0.89 (R1) and RM0.93 (R2).

• On the flipside, support levels are pegged at RM0.74 (S1) and RM0.67 (S2).

Source: Rakuten Research - 30 Mar 2023

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