Rakuten Trade Research Reports

Technical View - SNS Technology Berhad

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Publish date: Wed, 28 Jun 2023, 09:09 AM
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SNS Technology Berhad

  • Share price closed unchanged at RM0.245 on Tuesday.
  • SNS trading volume has been relatively thin over the past 2 months. Share price is still trading within a narrow range since listing. In view of the expected strong quarterly results which is to be out soon coupled with indicators showing uptick momentum, share price is anticipated to move higher.
  • Resistance levels are identified at RM0.255 (R1) and RM0.26 (R2).
  • On the flipside, support levels are pegged at RM0.235 (S1) and RM0.23 (S2)

Source: Rakuten Research - 28 Jun 2023

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