Hextar Global Bhd (HEXTAR, 5151)

• HEXTAR is poised for a potential bullish breakout from its six-month rectangular pattern, targetingto surpass the immediate resistance at RM0.79. As the 20-day EMA is starting to turn upward coupled with 11 consecutive white candles, a positive outlook can be expected here.

• In the event it breaks above the RM0.79 neckline, this will improve market sentiment and lift thestock towards the subsequent level of RM0.83 (R1) and to RM0.87 (R2).

• On the downside, stop-loss is set at RM0.72.

Source: Rakuten Research - 2 Jan 2024

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

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