Rakuten Trade Research Reports
Technical View - MI TECHNOVATION Bhd (MI Tech, 5286)
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Publish date: Mon, 30 Dec 2019, 10:07 AM
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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
MI Technovation Bhd (5286)
• MI closed 1.6% or 3 sen higher to RM1.89 last Friday.
• Chart-wise, share price is on a bullish uptrend channel and is likely to continue to scale higher towards the RM2.00 and RM2.20 level.
• As such, resistance levels are expected at RM1.97 (R1) and further to RM2.20 (R2).
• On the flipside, downside support levels can be seen at RM1.80 (S1) and RM1.66 (S2).
Source: Rakuten Research - 30 Dec 2019
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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