Rakuten Trade Research Reports
Technical View - Systech Bhd
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Publish date: Fri, 28 Apr 2023, 09:26 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
Systech Bhd (SYSTECH, 0050)
- Share price closed 4.41% higher at RM0.355 on Thursday.
- SYSTECH has formed a higher low at RM0.32 and has been trending up for the past 4 trading days.If this rebound is intact, it will head towards its 52-week high. Coupled with indicators showing uptick momentum, share price is expected to move higher.
- Resistance levels are identified at RM0.37 (R1) and RM0.375 (R2).
- On the flipside, support levels are pegged at RM0.32 (S1) and RM0.315 (S2).
Source: Rakuten Research - 28 Apr 2023
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