Opcom Holdings Berhad

• Share price closed 4.05% higher at RM0.77 on Monday.

• OPCOM broke its resistance twice at RM0.755 and RM0.765 yesterday with high buying volume. With indicators now showing uptick movements, share price is expected to move higher.

• Resistance levels are identified at RM0.82 (R1) and RM0.85 (R2).

• On the flipside, support levels are pegged at RM0.705 (S1) and RM0.69 (S2).

Source: Rakuten Research - 25 Jul 2023

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