Rakuten Trade Research Reports
Technical View -Pappajack Bhd
rakutentrade
Publish date: Fri, 16 Jun 2023, 09:02 AM
rakutentrade
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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
Pappajack Bhd (PPJACK, 0242)
- Share price closed 5.74% higher at RM0.645 on Thursday.
- PPJACK broke out from its resistance levels of RM0.62 and RM0.63 yesterday with higher buying volume. Bullish MACD crossover and indicators are showing uptick momentum, share price is expected to move higher.
- Resistance level is identified at RM0.65 (R1).
- On the flipside, support levels are pegged at RM0.60 (S1) and RM0.585 (S2).
Source: Rakuten Research - 16 Jun 2023
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