UEM Sunrise Bhd

• Share price closed 8.08% higher at RM0.87 on Tuesday.

• UEMS may extend it upward trajectory after it broke out from its 2 weeks bullish flag pattern with a
  long white candle yesterday. Together with its third consecutive white candles and a white
  marubozu candlestick formed yesterday, all these indicate a positive signal. We expect the rising
  momentum is set to steer the stock higher and test the next level of resistance in the near term.

• Resistance levels are identified at RM0.91 (R1) and RM0.945 (R2).

• On the flipside, support levels are pegged at RM0.775 (S1) and RM0.75 (S2).

Source: Rakuten Research - 11 Oct 2023

To sign up for an account : http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity:http://bit.ly/3I5Jzxo