Rakuten Trade Research Reports
Technical View - QES Group Bhd (QES, 0196)
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Publish date: Thu, 23 Apr 2020, 09:30 AM
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To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
QES Group Bhd (0196)
• QES closed 3.8% or 0.5 sen higher to RM0.135 yesterday.
• Technically, key indicators are flashing positive buying momentum and broken out from the key short-term moving averages. Share price is on the verge of bullish breakout and is likely to head towards RM0.17 level.
• Resistance levels are seen at RM0.15 (R1) and further to RM0.17 (R2)
• On the contrary, support levels are expected at RM0.12 (S1) and RM0.08 (S2).
Source: Rakuten Research - 23 Apr 2020
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