Rakuten Trade Research Reports

Technical View - PWF Corporation Bhd

rakutentrade
Publish date: Wed, 25 Oct 2023, 11:01 AM
rakutentrade
0 2,160
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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

PWF Corporation Bhd (PWF, 7134)

  • Share price closed 8.96% higher at RM0.73 on Tuesday.
  • PWF may trend higher after breaking above the RM0.68 resistance line yesterday. Coupled with thestock posting a white marubozu candle and reaching its 52-week high of RM0.735 further supported by high trading volume, its positive outlook should remain in the near term.
  • Towards the upside, the bullish momentum will bring the stock to the next resistance of RM0.78 (R1)followed by RM0.80 (R2).
  • On the downside, stop-loss is set at RM0.63, below the 18 Sep’s low.

Source: Rakuten Research - 25 Oct 2023

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

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

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment