Rakuten Trade Research Reports

Technical View - Coraza Integrated Technology Berhad

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Publish date: Fri, 14 Jul 2023, 09:18 AM
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Coraza Integrated Technology Berhad

  • Share price closed 1.95% higher at RM0.785 on Thursday.
  • CORAZA broke out from its resistance level of RM0.775 yesterday with solid buying interest. Coupled with a bullish MACD and indicators showing uptick momentum, share price is expected to move higher.
  • Resistance levels are identified at RM0.785 (R1) and RM0.795 (R2).
  • On the flipside, support levels are pegged at RM0.75 (S1) and RM0.74 (S2).

Source: Rakuten Research - 14 Jul 2023

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