Rakuten Trade Research Reports

Technical View - Tambun Indah Land Bhd

Publish date: Fri, 22 Sep 2023, 09:02 AM
0 1,626
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

Tambun Indah Land Bhd

  • Share price closed 1.76% higher at RM0.865 on Thursday.
  • TAMBUN experienced a gap down following its dividend ex-date and the 2QFY23 financial results at the end of Aug-23 with support level seen at RM0.83. Buying momentum remains intact as it gapped up yesterday and attempted to break its current level. Coupled with a bullish MACD crossover, share price is expected to propel higher.
  • Resistance levels are identified at RM0.87 (R1) and RM0.90 (R2).
  • On the flipside, support levels are pegged at RM0.83 (S1) and RM0.81 (S2).

Source: Rakuten Research - 22 Sept 2023

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
Be the first to like this. Showing 0 of 0 comments

Post a Comment