Rakuten Trade Research Reports

Technical View - Catcha Digital Berhad

rakutentrade
Publish date: Mon, 22 Jul 2024, 09:15 AM
rakutentrade
0 2,218
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

Catcha Digital Berhad (CATCHA, 0173)

  • CATCHA’s buying interest is back after breaking out from its pennant pattern with a long whitecandle few sessions ago. In view of the stock posting three consecutive white candles coupled with the 20-day EMA pointing upwards, further suggests that the bullish momentum is picking up.
  • We expect the rising momentum to steer the stock higher and test the next resistance of RM0.50(R1) and RM0.54 (R2) in the near term.
  • On the downside, stop-loss is set at RM0.40, below 15 July’s low.

Source: Rakuten Research - 22 Jul 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