Rakuten Trade Research Reports

Technical View - Hextar Retail Bhd

rakutentrade
Publish date: Mon, 24 Jun 2024, 10:38 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

Hextar Retail Bhd (HEXRTL, 7202)

  • HEXRTL may extend it upward trajectory after breaking out from its one-month rectangular patternand surged to a new 52-week high two sessions ago. Underpinned by the higher trading volume, pushing the stock further away from all the EMAs, this signals a continuation of the ongoing uptrend.
  • We expect the rising momentum to steer the stock higher and test the next level of resistance ofRM0.77 (R1) followed by RM0.85 (R2) in the near term.
  • On the downside, stop-loss is set at RM0.61.

Source: Rakuten Research - 24 Jun 2024

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

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

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

Post a Comment